FASB News
Editorial analysis of the latest FASB developments — ASUs, exposure drafts, standard amendments, and financial reporting guidance.
ASC 815 Hedge Accounting Update
On June 17, 2026, FASB issued a proposed Accounting Standards Update with targeted improvements to hedge accounting guidance under ASC 815, Derivatives and Hedging. The exposure draft responds to practice feedback gathered since the landmark ASU 2017-12 reforms and proposes refinements to simplify documentation requirements, clarify effectiveness assessment, and address specific hedge relationship types that have presented implementation challenges.
17 Jun 2026
ASC 715 Market-Return Cash Balance Plans
On June 10, 2026, FASB issued a proposed Accounting Standards Update to improve accounting guidance for market-return cash balance plans under ASC 715, Compensation — Retirement Benefits. These defined benefit pension plans credit participants' hypothetical accounts with interest based on market returns — a feature that creates specific actuarial and accounting complexities that the proposal aims to resolve.
10 Jun 2026