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FASB Issues Proposal to Clarify Accounting Guidance Related to Profits Interest Awards
May 12, 2023
NORWALK, Connecticut, May 12 (TNSres) -- The Financial Accounting Standards Board issued the following news on May 11, 2023:

The Financial Accounting Standards Board (FASB) today published a proposed Accounting Standards Update (ASU) intended to improve generally accepted accounting principles (GAAP) by adding illustrative guidance to help entities determine whether profits interest and similar awards should be accounted for as a share-based payment arrangement within the scope of T . . .

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