FASB Proposes Guidance to Assist in Transition Away From Interbank Offered Rates to New Reference Rates
September 05, 2019
September 05, 2019
NORWALK, Connecticut, Sept. 5 -- The Financial Accounting Standards Board issued the following news release:
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- Proposal Would Reduce Related Cost and Complexity
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The Financial Accounting Standards Board (FASB) today issued a proposed Accounting Standards Update (ASU) that would provide temporary optional guidance to ease the potential burden in accounting for, or recognizing the effects of, reference rate reform on financial reportin . . .
* * *
- Proposal Would Reduce Related Cost and Complexity
* * *
The Financial Accounting Standards Board (FASB) today issued a proposed Accounting Standards Update (ASU) that would provide temporary optional guidance to ease the potential burden in accounting for, or recognizing the effects of, reference rate reform on financial reportin . . .