Latest / PwC's accounting podcast
Government grants: Understanding new FASB guidance
Government grant accounting under US GAAP is evolving with ASU 2025-10. This episode explores the updated model, including scoping, recognition and measurement, and the distinction between asset and income grants. We also cover presentation and disclosure requirements, along with practical considerations for adoption of this new FASB guidance.
For more information, read our In depth, FASB issues guidance on accounting for government grants.
Be sure to follow this podcast on your favorite podcast app and subscribe to our weekly newsletter to stay in the loop.
About our guest
Angela Fergason is…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.