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How do I learn of new accounting rules?

Harold Averkamp, CPA, MBA

The U.S. accounting rules issued by the Financial Accounting Standards Board (FASB) can be found on its free website There you will find:

  • FASB Statements (Statements of Financial Accounting Standards)
  • FASB Interpretations
  • FASB Technical Bulletins
  • FASB Emerging Issues Task Force (EITF) Abstracts
  • FASB Concepts (Statements of Financial Accounting Concepts)

Each of the “FASB Statements” has three options: Text, Summary, and Status. The Status option provides the issue date, the effective date, and a listing of the other pronouncements that are affected by the Statement.

In the left panel of the website, the first four links (Recent Additions, Action Alert, Project Activities, and Exposure Documents) allow you to monitor the status of rules being developed by the FASB.

For information on worldwide accounting rules we recommend another free website, Through its “Newsletter” tab, you can subscribe to its free weekly email newswire, Double Entries. It is “the oldest Newswire in the World.” Double Entries includes summaries and links to important accounting news—sorted by country.

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Certificate - Debits and Credits
Certificate - Adjusting Entries
Certificate - Financial Statements
Certificate - Balance Sheet
Certificate - Income Statement
Certificate - Cash Flow Statement
Certificate - Working Capital
Certificate - Financial Ratios
Certificate - Bank Reconciliation
Certificate - Payroll Accounting

About the Author

Harold Averkamp

For the past 52 years, Harold Averkamp (CPA, MBA) has
worked as an accounting supervisor, manager, consultant, university instructor, and innovator in teaching accounting online. He is the sole author of all the materials on

Learn More About Harold

Certificates of

Certificates of Achievement

We now offer 10 Certificates of Achievement for Introductory Accounting and Bookkeeping:

  • Debits and Credits
  • Adjusting Entries
  • Financial Statements
  • Balance Sheet
  • Income Statement
  • Cash Flow Statement
  • Working Capital and Liquidity
  • Financial Ratios
  • Bank Reconciliation
  • Payroll Accounting
Badges and Points
  • Work towards and earn 30 badges
  • Earn points as you work towards completing our course
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