FASB News
Editorial analysis of the latest FASB developments — ASUs, exposure drafts, standard amendments, and financial reporting guidance.
FASB Issues ASU on Accounting for Environmental Credits Under New Topic 818
FASB issued an Accounting Standards Update under a new Topic 818 to improve financial accounting for environmental credits and environmental credit obligations. The guidance covers entities that generate, purchase, receive, or have regulatory compliance obligations settleable with environmental credits. FASB Chair Richard R. Jones stated the ASU adds clarity that previously did not exist in this area.
19 May 2026
FASB Issues ASU on PIK Dividends for Equity-Classified Preferred Stock
FASB issued an Accounting Standards Update addressing the initial measurement of paid-in-kind (PIK) dividends on equity-classified preferred stock under Topic 505. The update, developed from an EITF recommendation, aims to standardize practice across issuers. FASB Chair Richard R. Jones noted the ASU will enhance the comparability of financial information among companies that issue PIK dividends.
23 Apr 2026