Accounting Standards Update · 2026

ASU 2026-02 — Environmental Credits and Environmental Credit Obligations (Topic 818)

Affects818 Environmental Credits and Environmental Credit Obligations

The amendments in this Update improve generally accepted accounting principles (GAAP) by providing specific authoritative guidance for environmental credits and environmental credit obligations.

This Accounting Standards Update is the final version of Proposed Accounting Standards Update 2024-ED910—Environmental Credits and Environmental Credit Obligations (Topic 818), which has been deleted.

For more information, see the following:

Accounting Standards Update 2026-02—Environmental Credits and Environmental Credit Obligations (Topic 818) (PDF)

Issued: May 19, 2026

Text as published in the FASB Accounting Standards Codification, Basic View.