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FASB Chair Sets Course for New Standards and Semiannual Reporting
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Subscribe22 JUL 2026 / FASB REPORTING
CPE Approved
Richard Jones, as chairman of the Financial Accounting Standards Board (FASB), is focusing on providing clear accounting guidelines against a backdrop of evolving markets and reporting needs, ahead of his term ending in June 2027. The board is weighing in on numerous projects including semiannual reporting, stablecoins, private credit, data infrastructure, hedge accountings, and more, with their outcomes expected to significantly shape financial reporting in the future.
Richard Jones is entering the final year of his tenure as FASB chair with the accounting equivalent of an overbooked close calendar. The Financial Accounting Standards Board must evaluate how its guidance would work if the Securities and Exchange Commissi...
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