After a long stretch without any new accounting standards, the FASB has recently issued two Accounting Standards Updates. Get an overview of what they cover.

*** This episode qualifies for nano CPE credit. Find out more at https://njcpa.org/nano. ***

Resources:

• FASB ASU 2024-01: Compensation - Stock Compensation
• FASB ASU 2024-02: Codification Improvements - Amendments to Remove References to the Concepts Statement
• AICPA AU-C Section 230 - Audit Documentation
• Accounting and auditing articles and events
• Join the Accounting & Auditing Standards Interest Group