JD Supra

FASB issues final ASU requiring enhanced disclosure of segment expenses

The FASB has announced a final Accounting Standards Update designed to improve disclosures about public companies’ reportable segments, particularly disclosures about significant segment ...
JD Supra

FASB adopts new ASU requiring disaggregation of expenses

Currently, companies typically include in their income statements expense captions for selling, general and administrative expenses, cost of services and other cost of revenues, and cost of tangible ...
JournalofAccountancy

FASB proposes update to leases guidance

FASB is seeking comments on a proposed Accounting Standards Update (ASU) intended to improve accounting guidance for arrangements between entities under common control. FASB said that during its ...
JournalofAccountancy

FASB proposes improvements to accounting for purchased financial assets

FASB is seeking comments on a proposed Accounting Standards Update (ASU) that is intended to improve the accounting for purchased financial assets, requiring that all the assets — with certain limited ...