FASB’s Technical Agenda for 2016


Upcoming changes to the accounting standards might affect the information you report on your company’s financial statements, including how it’s presented and what details are disclosed. The Financial Accounting Standards Board (FASB) establishes the standards for public and private companies to follow when they issue financial statements in accordance with U.S. Generally Accepted Accounting Principles (GAAP). Here’s an overview from OMA Connections Partner, Clark, Schaefer, Hackett, of what the FASB is currently working on.