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US Week in Review: Week ending 17 July 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

Effective date matrix as of 30 June 2025

Standard Setter updates

Financial Accounting Standards Board (FASB)

FASB to discuss its projects on Codification improvements and Accounting for environmental credit programs at its 23 July meeting

Public Company Accounting Oversight Board (PCAOB)

PCAOB Chair Williams to resign

PCAOB Chair Erica Y. Williams said she will leave the PCAOB on 22 July. SEC Chair Paul Atkins accepted her resignation and said in a statement, "We look forward to advancing our oversight responsibilities of the PCAOB as it continues its important work.”

Upcoming webcasts

Information regarding upcoming events can be found on the EY webcasts site.

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