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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
Updated Technical Line, How the EU’s Corporate Sustainability Reporting Directive affects non-EU based multinationals, reflects proposed changes from the EU’s Omnibus simplification package
Standard Setter updates
Financial Accounting Standards Board (FASB)
FASB directs staff to draft a final ASU on 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