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US Week in Review: Week ending 26 June 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

Quarterly tax developments for Q2 2025 and related US GAAP implications

Updated Sustainability reporting developments: Greenhouse Gas Protocol reflects enhanced guidance

Comment letter on the AICPA’s proposal on external confirmations

Standard Setter updates

Financial Accounting Standards Board (FASB)

FASB directs staff to draft a final ASU on Accounting for government grants at its 25 June meeting

Upcoming webcasts

The impact of AI on finance, internal audit and governance
15 July 2025, 3 p.m. Eastern time

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