NAA2302. FASB Update

During this session, we will discuss how the FASB is addressing stakeholder priorities through current agenda projects identified during its 2021 agenda consultation. We will also provide an update on the ways in which the FASB is supporting implementation of its standards through its post-implementation review activities.

Learning Objectives:

• Analyze the projects that the FASB is currently working on, including those identified during its 2021 agenda consultation project
• Distinguish how the FASB is supporting implementation of accounting standards through post-implementation review activities
• Identify standards recently issued by the FASB