Accounting standards effective dates

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�� for complete effective date information. For certain ASUs, additional information is provided in the footnotes.

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	*SEC filers���Դǳ��eligible to be an SRC*	SEC filers eligible to be an SRC	Not an SEC filer	All other entities	Early adoption	Complex effective date^��	Resources
ASU	Title	ASC	A/I	Public business entities			All other entities	Early adoption	Complex effective date^��	Resources
	Improvements to income tax��disclosures	740	A	12/15/24	12/15/24	12/15/24	12/15/25	Yes	N/A	Defining Issues
	Accounting for and disclosure of��crypto assets	350-60	A/I	12/15/24	12/15/24	12/15/24	12/15/24	Yes	N/A	Defining Issues Issues In-Depth ��
	Segment reporting: Improvements to reportable segment disclosures	280	A	12/15/23	12/15/23	12/15/23	N/A	Yes	N/A	Defining Issues Handbook
		280	I	12/15/24	12/15/24	12/15/24	N/A	Yes	N/A	Defining Issues Handbook
	Codification amendments in response to the SEC’s disclosure update and simplification initiative	Various	A/I	Note¹	Note¹	Note¹	Note¹	Note¹	Yes¹	Defining Issues
	Joint venture formations (Subtopic 805-60): Recognition and initial measurement	805-60	A/I	1/1/25	1/1/25	1/1/25	1/1/25	Yes	Yes²	Defining Issues
*	Accounting for investments in tax credit structures using the proportional amortization method	323	A/I	12/15/23	12/15/23	12/15/23	12/15/24	Yes	No	Defining Issues Webcast
	Leases �� Common control arrangements	842	A/I	12/15/23	12/15/23	12/15/23	12/15/23	Yes	Yes³	Defining Issues Podcast

ASU	Title	ASC	A/I	Public business entities	All other entities	Early adoption	Complex effective date^��	Resources
*SEC filers���Դǳ��eligible to be an SRC*	SEC filers eligible to be an SRC	Not an SEC filer
	Improvements to income tax��disclosures	740	A	12/15/24	12/15/24	12/15/24	12/15/25	Yes	N/A	Defining Issues
	Accounting for and disclosure of��crypto assets	350-60	A/I	12/15/24	12/15/24	12/15/24	12/15/24	Yes	N/A	Defining Issues Issues In-Depth ��
	Segment reporting: Improvements to reportable segment disclosures	280	A	12/15/23	12/15/23	12/15/23	N/A	Yes	N/A	Defining Issues Handbook
I	12/15/24	12/15/24	12/15/24
	Codification amendments in response to the SEC’s disclosure update and simplification initiative	Various	A/I	Note¹	Note¹	Note¹	Note¹	Note¹	Yes¹	Defining Issues
	Joint venture formations (Subtopic 805-60): Recognition and initial measurement	805-60	A/I	1/1/25	1/1/25	1/1/25	1/1/25	Yes	Yes²	Defining Issues
*	Accounting for investments in tax credit structures using the proportional amortization method	323	A/I	12/15/23	12/15/23	12/15/23	12/15/24	Yes	No	Defining Issues Webcast
	Leases �� Common control arrangements	842	A/I	12/15/23	12/15/23	12/15/23	12/15/23	Yes	Yes³	Defining Issues Podcast

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