The Financial Accounting Standards Board (FASB) will host its semiannual webcast, titled “IN FOCUS: FASB Update for Private Companies and Not-for-Profit Organizations”, which will outline its standard-setting efforts. The event takes place on Monday, December 13, 2021, from 1:00 p.m. to 3:05 p.m. ET. The event is free and open to the public but registration is required. {expires: 2021-12-14}
The webcast will feature the following presentations:
- An overview of the FASB’s current agenda, status of certain projects, and the relationship of the FASB’s current agenda to its mission
- A discussion of the FASB’s Agenda Consultation research project
- An update on leases and credit losses implementation and post-implementation activities
- A discussion covering current issues in financial reporting, including the FASB’s COVID-19-related activities and responses to specific COVID-19-related issues raised by stakeholders such as borrower's accounting for debt restructuring and modifications and reporting of COVID-19-related federal assistance
- An update on the Private Company Council (PCC)/private company efforts
- An update on FASB current projects, such as the goodwill and intangible assets project
Following the presentation, there will be an audience Q&A session. The webcast will be archived and available on the FASB website for later viewing.
For more information about the webcast, including more details on the discussion topics and registration instructions, visit the event’s webpage on fasb.org.
Source:
FASB Webcast for Private Companies & Not-for-Profit Organizations (fasb.org)
