FASB Seeks Public Comment on Proposal to Improve the Accounting for Purchased Financial Assets
June 28, 2023
June 28, 2023
NORWALK, Connecticut, June 28 (TNSpp) -- The Financial Accounting Standards Board issued the following news on June 27, 2023:
The Financial Accounting Standards Board (FASB) today published a proposed Accounting Standards Update (ASU) intended to improve the accounting for purchased financial assets. Stakeholders are encouraged to review and provide input on the proposed ASU by August 28, 2023.
Since the issuance of the credit losses standard in 2016, the FASB has monit . . .
The Financial Accounting Standards Board (FASB) today published a proposed Accounting Standards Update (ASU) intended to improve the accounting for purchased financial assets. Stakeholders are encouraged to review and provide input on the proposed ASU by August 28, 2023.
Since the issuance of the credit losses standard in 2016, the FASB has monit . . .