Corporate Expense Transparency Aim of Rules Due by Year-End (1)

Coming as soon as 2028 to public company financial statements: more details to help investors glean how businesses spend their money.

US accounting standard-setters approved Wednesday a much-watched slate of disclosure requirements that will force companies to share new information about their major expenses so analysts can better understand how inflation, a tight labor market, and high fuel costs hit company bottom lines. The Financial Accounting Standards Board plans to publish the requirements by year-end.

Businesses must provide the details for fiscal years beginning after Dec. 15, 2026, which means a company with a calendar year-end would report the new ...