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ARTICLE · 31 MARCH 2026

Q1 2026 Accounting Advisory Guide: Navigating FASB Developments, SEC Reform, And Leadership Trends

Riveron
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The first quarter of 2026 brought significant developments in accounting standards, regulatory changes, and market dynamics. Three major FASB updates are expected in Q2 2026, while the SEC prepares a potentially transformative proposal to make quarterly reporting optional for US public companies.

United StatesAccounting and Audit
Patrick Garrett
Patrick Garrett
Valerie Flanigan
Valerie Flanigan
Andrew Quan
Andrew Quan
Kristen Jaworski
Kristen Jaworski
Kayla Mayfield
Kayla Mayfield

For accounting leaders and financial reporting teams, Riveron accounting advisory professionals round up the latest insights, examine evolving accounting standards, and explore relevant business trends.

Key Points to Know This Quarter

  • The FASB was quiet in the first quarter of 2026: While there were no new ASUs issued during Q1, the FASB is expected to finalize standards related to accounting for debt exchanges, environmental credit programs, and disclosure of paid-in-kind dividends on cumulative preferred stock in Q2.
  • SEC to propose a rule eliminating quarterly reporting requirements: The SEC is expected to propose a rule that would change reporting requirements to semi-annually, with quarterly reporting becoming optional for public companies. The change would cause companies to rethink reporting strategies, balancing investor expectations with reduced requirements.

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