FASB Standard Setter Update: 4Q 2020

Thoughtware Article Published: Feb 02, 2021

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The fourth quarter of 2020 saw a flurry of standard-setting activity as FASB recommenced weekly web-based meetings and moved ahead on several long-standing projects. This paper provides an overview of proposed and final standards issued by FASB through December 2020, along with recent updates on outstanding exposure drafts and active projects.

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