Our Setting the standard publication is designed to keep you informed about the latest standard-setting activities of the FASB and IASB. There continues to be no shortage of significant accounting and reporting changes underway.
First, we walk through where the boards stand in their efforts toward completing the major joint projects, including financial instruments, revenue, leases, and insurance contracts. We then give you the latest on a variety of other FASB projects, including the new standards finalized on investment companies and liquidation basis, and a variety of proposals underway, including discontinued operations, going concern, repurchase agreements, and private company developments.
We boil things down and help you understand how these changes may affect you and your company in this edition of Setting the standard.