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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
To the Point: FASB proposes guidance on accounting for certain debt exchanges
NAIC Spring 2025 Bulletin – recent developments in the statutory insurance accounting and regulatory framework
Comment letter in response to FASB staff’s Invitation to Comment on financial key performance indicators for business entities
Standard Setter updates
Financial Accounting Standards Board (FASB)
FASB directs staff to draft a final ASU on accounting for purchased financial assets and a proposed ASU on measurement of paid-in-kind dividends on equity-classified preferred stock at its 30 April meeting
FASB to discuss Accounting for and disclosure of software costs at its 7 May meeting
Upcoming webcasts
Effective board oversight of geostrategic risk
22 May 2025, 3 p.m. Eastern time