FASB Update—Financial Statement User Edition
In an effort to expand communication around important projects, the FASB will periodically issue brief, informative updates. It is our hope that these will keep you apprised of some of the more important shorter term and longer term changes to accounting standards that could impact you. We also hope this new form of outreach will encourage more investors and other constituents to engage in a dialog with us to voice their opinions on potential standards. As the mission of the FASB is to foster the reporting of decision-useful information to those making capital allocation decisions, it is important to us that more of your views are heard.