Area of Focus Sessions

NAA2603. FASB Update

New accounting standards and new agenda priorities are on the horizon for the FASB. During this session, FASB Member Sue Cosper, FASB Vice Chair Hillary Salo, and FASB Supervising Project Manager Jenifer Wyss will focus on what you need to know about recently issued and upcoming accounting standards. The panelists will provide a progress report on the 2025 Invitation to Comment: Agenda Consultation and how the Board is addressing issues that were identified by stakeholders. Finally, they will discuss the continued importance of your feedback on the Board’s cost-benefit analysis of potential and existing accounting standards.

Learning Objectives:

  • Identify recent/upcoming final guidance issued by FASB
  • Recognize FASB's progress on other priority topics identified by stakeholders during the 2025 agenda consultation
  • Indicate progress on other standard-setting activities relevant to investors, preparers, and auditors
Date/Time
–
CPE Credits
1.0
NASBA Field of Study
Accounting
Level
Advanced – (4-5+ years in the profession)
Advanced Preparation
None
Session Tags
Advanced Accounting & Auditing
Speakers
Image of Susan Cosper

Susan Cosper

CPA
Board Member
Financial Accounting Standards Board
Image of Jenifer Wyss

Jenifer Wyss

CPA
Supervising Project Manager and PCC Coordinator
Financial Accounting Standards Board
Image of Hillary Salo

Hillary Salo

CPA
Vice Chair
FASB

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