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FASB ISSUES DISCLOSURE IMPROVEMENTS IN RESPONSE TO THE SEC'S DISCLOSURE UPDATE AND SIMPLIFICATION INITIATIVE
October 10, 2023
NORWALK, Connecticut, Oct. 10 -- The Financial Accounting Standards Board posted the following news release from the Private Company Council on Oct. 9, 2023:

The Financial Accounting Standards Board (FASB) today issued an Accounting Standards Update (ASU) that incorporates certain U.S. Securities and Exchange Commission (SEC) disclosure requirements into the FASB Accounting Standards Codification(R). The amendments in the ASU are expected to clarify or improve disclosure and present . . .

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