FASB RELEASES FRESH OVERHAUL OF THE USA’S GAAP CODE
November 1st, 2017
THE FINANCIAL Accounting Standards Board (FASB), of the United States, has proposed revisions to the USA’s generally accepted accounting principles (GAAP) on leases and also the recognition and measurement of financial assets and financial liabilities. It has also released a wide range of planned textual changes to the FASB Accounting Standards Codification, covering nine sections of GAAP, including brokers and dealers’ liabilities, income taxes, fair value and more. See ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.