FASB to Explore Greater Disclosure of Supply-Chain Financing

Investors are a step closer to gaining greater clarity on companies’ so-called supply-chain finance programs. The Financial Accounting Standards Board, the private organization that sets accounting standards, voted Wednesday to add to its agenda a project exploring greater disclosure surrounding the arrangements. Supply-chain finance is essentially a form of short-term […]

FASB Further Delays Accounting Rule on Insurance Contracts

Insurance companies are getting even more time to implement a new rule for valuing long-term contracts following a vote by the Financial Accounting Standards Board on Wednesday. The rule maker, which sets accounting standards for companies and nonprofits in the U.S., in June proposed a delay of another year for […]

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