Every Monday issue, in one place.

AP agents, fraud tools, and a FASB loan project

Plus Crowe's October briefing on CECL, SEC, and FASB.

FASB proposed ASU: consideration payable to a customer under Topic 606

FASB's proposal targets diversity in practice on third-party payments under ASC 606; comment deadline is Nov. 23, 2026.

FASB new project: participating interest guidance under ASC 860 (transfers and servicing)

FASB opened a technical project on participating interest guidance - no rule yet, but the sale-vs.-secured-borrowing question is back on the agenda.

Seven AI agents land inside Maxio billing

Fragment's $12M bet on double-entry primitives for AI agents is worth watching.