illuminated road intersection and traffic trails

US Week in Review: Week ending 7 August 2025


The US Week in Review highlights this week’s developments and emerging issues in the financial reporting world and gives you direct access to relevant technical accounting guidance and thought leadership produced by EY.

What’s new from EY

Updated FRD on revenue from contracts with customers reflects enhanced guidance

Standard Setter updates

Financial Accounting Standards Board (FASB)

FASB to discuss its project on Accounting for environmental credit programs at its 13 August meeting

Upcoming webcasts

What you need to know for Q3 2025 financial reporting
18 September 2025, 1 p.m. Eastern time

Download PDF