Rochester Institute of Technology adopted the Financial Accounting Standards Board (FASB) new accounting guidance on leases FASB Accounting Standards Codification Section 842 ("ASC 842") on July 1, ...

Effective dates will be delayed for private companies and certain other entities for FASB’s standards on accounting for leases, credit losses, and hedging after a unanimous vote by FASB. A FASB ...

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We encourage you to look at the new rules closely, and be transparent with stakeholders about what changes are coming, and ...

FASB’s staff published Q&As to address issues related to hedge accounting during the coronavirus pandemic. As the coronavirus gripped the world, regulators, standard setters, and others moved to ...

SCHAUMBURG, Ill.--(BUSINESS WIRE)--With electric vehicles (EVs) continuing to become a viable option for prospective vehicle shoppers, one trend stands out: EV buyers opting to lease. According to ...