EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.
Recent Searches
What’s new from EY
To the Point: EPA issues final rule rescinding endangerment finding and vehicle emission standards
To the Point: CARB approves initial regulation for California climate disclosure laws
Final reminder: Register for our quarterly financial reporting webcast on 12 March
Our What you need to know for Q1 2026 financial reporting webcast will be held on 12 March 2026 from 1 p.m. to 2 p.m. Eastern time with an alternate viewing offered on 24 March 2026.
Standard Setter updates
Financial Accounting Standards Board (FASB)
EITF to discuss its project on Mortgage servicing rights – Recapture at its 12 March meeting
FASB to host public roundtable on the implementation of the disaggregation of income statement expenses standard on 27 May
Court of International Trade (CIT)
Court of International Trade provides initial order on IEEPA tariff refunds
The Court of International Trade (CIT) on 4 March 2026 ordered the Customs and Border Protection (CBP) to progress with the tariff refund process, noting that “all importers of record whose entries were subject to IEEPA duties are entitled to the benefit of” the Supreme Court’s ruling that tariffs imposed under the International Emergency Economic Powers Act (IEEPA) are unlawful.
The recent CIT order is another step in determining whether and how the IEEPA refund process will operate. We believe the timing of recognition and measurement of any tariff refund receivable generally depends on the guidance released by the courts or government agencies.
Entities should continue to monitor developments as they prepare periodic financial information and disclosures. We will issue additional accounting guidance in the near term as more information becomes available.
Upcoming webcasts
What you need to know for Q1 2026 financial reporting (Offering – 1 of 2)
12 March 2026, 1 p.m. Eastern time
Accounting for income taxes: a quarterly perspective – March 2026
17 March 2026, 11 a.m. Eastern time
What you need to know for Q1 2026 financial reporting (Offering – 2 of 2)
24 March 2026, 1 p.m. Eastern time
AI in focus: strengthening audit committee oversight
9 April 2026, 3 p.m. Eastern time