Financial Accounting Standards Board Issues Guidance to Assist in Transition Away From Interbank Offered Rates to New Reference Rates
March 13, 2020
March 13, 2020
NORWALK, Connecticut, March 13 -- The Financial Accounting Standards Board issued the following news release:
The Financial Accounting Standards Board (FASB) issued an Accounting Standards Update (ASU) that provides temporary optional guidance to ease the potential burden in accounting for reference rate reform.
"This new ASU provides stakeholders with the guidance they need to ease the process of migrating away from LIBOR and other interbank offered rates to new r . . .
The Financial Accounting Standards Board (FASB) issued an Accounting Standards Update (ASU) that provides temporary optional guidance to ease the potential burden in accounting for reference rate reform.
"This new ASU provides stakeholders with the guidance they need to ease the process of migrating away from LIBOR and other interbank offered rates to new r . . .