Thursday, March 30. 2023

FASB Proposes GAAP Taxonomy Improvements for Proposed ASU for Income Tax Disclosures

The Financial Accounting Standards Board (FASB) has published GAAP Taxonomy Improvements for a proposed Accounting Standards Update (ASU) concerning income tax disclosures. Continue reading "FASB Proposes GAAP Taxonomy Improvements for..." »
Posted by
LeAnn Dey
in FASB News, US GAAP Taxonomy at 17:00

FASB Releases ASU for Investments in Tax Credit Structures

On March 29th, the Financial Accounting Standards Board (FASB) published an Accounting Standards Update (ASU) titled “Topic 323, Investments—Equity Method and Joint Ventures: Accounting for Investments in Tax Credit Structures Using the Proportional Amortization Method”. The ASU is a consensus of the FASB’s Emerging Issues Task Force (EITF). Continue reading "FASB Releases ASU for Investments in Tax Credit..." »
Posted by
LeAnn Dey
in Accounting, FASB News, US GAAP Taxonomy at 16:46
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