FASB News
Editorial analysis of the latest FASB developments — ASUs, exposure drafts, standard amendments, and financial reporting guidance.
FASB Proposes Targeted Improvements to Hedge Accounting Guidance
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
FASB Proposes New Guidance for Market-Return Cash Balance Pension 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