Wednesday, July 15. 2020
FASB Releases Q&A on the Application of the US GAAP Taxonomy for COVID-19 Pandemic and Relief Disclosures
The Financial Accounting Standards Board (FASB) has released a written question-and-answer (Q&A) document discussing topics relevant to financial disclosure related to the COVID-19 pandemic. The guidance and responses provided in the Q&A should not be extrapolated to other facts and circumstances not specifically discussed.
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