Accounting Today

FASB proposes to improve interim reporting

The Financial Accounting Standards Board issued a proposed accounting standards update Wednesday that aims to improve the navigability of the disclosures that need to be provided for interim reporting ...
JD Supra

FinCEN Drops Interim Rule on Reporting for U.S. Companies, But It Ain’t Over ‘Til It’s Over

Right on schedule, on March 21, 2025, FinCEN issued an Interim Final Rule that exempts U.S. companies and persons from the requirement to report, modify, or correct beneficial ownership information ...
JD Supra

CTA Reporting Relief: FinCEN Interim Rule Exempts US Companies from Reporting Beneficial Ownership & Foreign Companies from Reporting Information Regarding US Owners

The Financial Crimes and Enforcement Network of the U.S. Treasury Department (FinCEN) on March 21, 2025 announced an interim final rule (the “Interim Rule”) which, if finalized in its current form, ...
JournalofAccountancy

FASB seeks comments on newly proposed interim reporting guidance

FASB published proposed updates to its guidance on interim reporting. The proposed Accounting Standards Update (ASU) aims to improve and clarify aspects of existing interim reporting guidance and “is ...