From Gray to Green: New Proposed Standards for Environmental Credits
Accounting for environmental credits has been a gray area for years, but FASB is looking to bring some structure with its latest proposed update (Topic 818). The goal? Standardizing how companies recognize and measure these credits and obligations in financial statements.
Check out this week’s blog as we break down the key components of FASB’s proposal—less fog, more facts, and a clearer path for financial reporting.