The US accounting standard-setter’s top priority for 2025 is determining which issues to tackle next based on input from businesses that follow its rules and readers of their financial statements, the board’s chair said.
The Financial Accounting Standards Board plans to pursue an overarching agenda consultation next year after last launching a formal request for agenda feedback in 2021. That last round spurred the board to take on projects currently in progress covering areas such as accounting for software costs, government grants, and environmental credit programs.
The board will juggle the agenda process with a slate of ongoing ...
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