The Conceptual Framework
The Conceptual Framework is a body of interrelated objectives and fundamentals that provides the FASB with a foundation for setting standards and concepts to use as tools for resolving accounting and reporting questions.
Feature Pane – The Conceptual Framework More Link
A standard that improves financial reporting by requiring timelier recording of credit losses on loans and other financial instruments held by financial institutions and other organizations.
Feature Pane – Credit Losses More Link
The FASB Outlook is a quarterly e-newsletter designed to keep stakeholders informed about key FASB projects and activities. Click here to subscribe .
Feature Pane – FASB Outlook More Link
Implementing Revenue Recognition
A standard that improves comparability and reduces complexity in how revenue is recognized. The Joint Transition Resource Group for Revenue Recognition (TRG) looks at potential implementation issues.
Feature Pane – Revenue Recognition More Link
This page provides access to the GAAP Financial Reporting Taxonomy and supporting materials. Information about current Taxonomy projects, ASU Taxonomy changes, and implementation guidance is also available.
Feature Pane – Taxonomy – XBRL More Link
Financial Instruments: Hedging Recognition and Measurement
Improving reporting of financial instruments in recognition measurement and hedging.
Feature Pane – AFI More Link
The New Leases Standard
Issued on February 25, 2016, the Accounting Standards Update (ASU) improves financial reporting about leasing transactions and affects all companies and other organizations that lease assets such as real estate, airplanes, and manufacturing equipment. Feature Pane – Leasing More Link
A project to improve the effectiveness of disclosures in notes to financial statements by clearly communicating the information that is most important to users of those financial statements. Feature Pane – Disclosure Framework More Link