Day: August 8, 2023

FASB Proposal on expense accounting

FASB Wants More Transparency in Disclosure of Corporate Expenses

A new proposal issued by the Financial Accounting Standards Board (FASB) will explore ways for companies to provide investors with more “decision-useful” information about corporate expenses. FASB is encouraging stakeholders to review and provide comment on the proposal by Oct. 30. In a statement, FASB Chairman Rich Jones said investors Read More