FASB aims to improve business segment reporting

FASB aims to improve business segment reporting

The board wants more detailed information on different parts of an organization.?

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FASB proposes to improve business segment reporting

The Financial Accounting Standards Board is proposing to require companies to disclose more detailed information about the different segments of their business.

In other news today:

PCAOB sanctions 4 firms over Form AP

The auditors have agreed to penalties for failing to disclose who led individual audits.

5 key questions for liability insurance

This handful of questions from Candace Coach of Aon will help firms figure out what they're protecting, and how.

IRS wants input on energy guidance

The request for comments is part of the Treasury Department's effort to fast-track the rules from the Inflation Reduction Act.

Five IRS employees charged with defrauding COVID programs

Five current or former Internal Revenue Service employees allegedly submitted false and fraudulent loan applications that collectively sought over $1 million.

Gopabandhu Satapathy

Chartered Accountant at G.Satapathy and Company, Chartered Accountants

2 年

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