Friday, May 20. 2022
FASB Announces Meeting of Investor Advisory Committee
The Financial Accounting Standards Board’s (FASB) Investor Advisory Committee (IAC) will convene a meeting on Tuesday, May 24th to address matters of interest to financial statement users including income tax disclosures, digital assets, segment reporting, disaggregation of income statement expenses, and ESG-linked financial instruments.
Continue reading "FASB Announces Meeting of Investor Advisory..." »
Monday, May 09. 2022
FASB to Hold Small Business Advisory Committee Meeting
The Financial Accounting Standards Board (FASB) has announced that it will convene a meeting of its Small Business Advisory Committee (SBAC). The meeting will take place on Thursday, May 12, 2022, from 1:00 p.m. – 3:00 p.m. ET.
Continue reading "FASB to Hold Small Business Advisory Committee..." »
Monday, May 02. 2022
FASB Announces Proposed Updates to Reference Rate Reform Guidance
On April 20, the Financial Accounting Standards Board (FASB) issued a proposed Accounting Standards Update (ASU) that includes two issues concerning reference rate reform. The first concerns the transition from referencing the London Interbank Offered Rate (LIBOR) and other interbank offered rates (IBORs) toward new reference rates that are more dependable and stable. LIBOR is presently the most widely used reference rate in the global financial markets. The second expands the use of Secured Overnight Financing Rate (SOFR)-based interest rates available as benchmark interest rates.
Continue reading "FASB Announces Proposed Updates to Reference..." »
(Page 1 of 1, totaling 3 entries)