Relevant Results
Sorry, there are no results matching your search.
Autocomplete suggestions are available. Use up and down arrows to review and enter to select.
See more results

Accounting standards effective dates - issued 2025

The below table details ASUs generally effective in annual and interim periods in fiscal years beginning on or after the dates provided.

In this table:

A = annual periods

I = interim periods

* = Indicates a gap in ASU sequencing. ASUs excluded from this list are effective for all applicable entities, including entities with off-calendar year-ends.

▯ = If ‘Complex effective date’ is marked ‘Yes’, additional information is required to determine when the ASU is effective for your company. See the source ASU at fasb.org for complete effective date information. For certain ASUs, additional information is provided in the footnotes that appear on the pdf available for download.

Gray shading indicates that the ASU is first effective in 2025 for a calendar year-end entity.


The ASUs in this table are generally effective for A/I periods in fiscal years beginning on or after the dates provided. 

ASU

Title

ASC

A/I

Public business entities

All other entities

Early adoption

Complex effective date▯

Resources

SEC filers not eligible to be an SRCSEC filers eligible to be an SRCNot an SEC filer
2025-05Measurement of credit losses for accounts receivable and contract assets for private companies and certain not-for-profit entities (PCC)326A/I 12/15/25 12/15/25 12/15/25 12/15/25YesN/ADefining Issues
2025-04Clarifications to share-based consideration payable to a customer718
606		A/I12/15/2612/15/2612/15/2612/15/26YesN/ADefining Issues
2025-03Determining the accounting acquirer in the acquisition of a variable interest entity805
810		A/I12/15/2612/15/2612/15/2612/15/26YesN/ADefining Issues
2025-02Amendments to SEC paragraphs pursuant to SEC Staff Accounting Bulletin No. 122405N/A3/18/253/18/253/18/25N/AN/AN/A-
2025-01
Clarifying the effective date [of ASU 2024-03]
220-40		A12/15/2612/15/2612/15/26N/AYesN/A-
I        12/15/2712/15/2712/15/27    N/A
Back to all ASU tables
Back to all ASU tables

Accounting Research Online

Access our accounting research website for additional resources for your financial reporting needs.

Access ARO

KPMG. Make the Difference.


Some or all of the services described herein may not be permissible for KPMG audit clients and their affiliates or related entities.

The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act upon such information without appropriate professional advice after a thorough examination of the particular situation. KPMG LLP does not provide legal services.

The information contained herein is not intended to be “written advice concerning one or more Federal tax matters” subject to the requirements of section 10.37(a)(2) of Treasury Department Circular 230.

© 2025 KPMG LLP, a Delaware limited liability partnership and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.

For more detail about the structure of the KPMG global organization please visit https://home.kpmg/governance.

Thank you!

Thank you for contacting KPMG. We will respond to you as soon as possible.

Contact KPMG

Use this form to submit general inquiries to KPMG. We will respond to you as soon as possible.

By submitting, you agree that KPMG LLP may process any personal information you provide pursuant to KPMG LLP's . Privacy Statement

An error occurred. Please contact customer support.

Job seekers

Visit our careers section or search our jobs database.

Search now!

Submit RFP

Use the RFP submission form to detail the services KPMG can help assist you with.

Submit

Office locations

View locations

International hotline

You can confidentially report concerns to the KPMG International hotline

Learn more

Press contacts

Do you need to speak with our Press Office? Here's how to get in touch.

Contact

Headline