General Session (Onsite and Online)

SEC2213. FASB Chair and Accounting Standard Setting Update

FASB Update: 2022 and Beyond

During the past year, the FASB has focused on addressing priority issues identified by stakeholders as part of its 2021 agenda consultation project. Digital assets, software costs, and income tax disclosures are just some of the topics being addressed in new technical agenda projects. The Board also continues to conduct its post-implementation review (PIR) of the current expected credit losses (CECL), leases, and revenue recognition standards. During this panel, FASB Chair Rich Jones, Technical Director Hillary Salo, and Deputy Technical Director Nellie Debbeler will provide an overview of these and other projects and why your feedback is continues to be important to help inform the Board’s work.


Learning Objectives:

  • Compare progress on priority topics identified by stakeholders during the FASB agenda consultation process.
  • Analyze progress on recently issued FASB guidance.
  • Identify progress on other PIR and standard-setting activities.
Date/Time
–
CPE Credits
1.5
NASBA Field of Study
Accounting
Level
Intermediate
Prerequisites
3-5 Years in the Profession
Advanced Preparation
None
Speakers
Image of Hillary Salo

Hillary Salo

CPA
Technical Director
FASB
Image of Richard Jones

Richard Jones

CPA
Chairman
FASB
Image of Helen Debbeler

Helen Debbeler

Deputy Technical Director
FASB