SEC2405. FASB Update: 2024 and Beyond

The FASB is on pace to complete a number of projects to come out of its last agenda consultation while looking ahead to the future. During this session, FASB Chair Rich Jones, Technical Director Jackson Day, and Deputy Technical Director Nellie Debbeler will provide an overview of key projects including the Board’s final standard on disaggregation of income statement expenses, recent exposure documents on internal-use software, interim reporting, financial key performance indicators, intangibles, and environmental credit programs among others, as well as the importance of stakeholder input to the Board’s cost/benefit considerations during the standard-setting process. They’ll also discuss the upcoming Invitation to Comment for a newly launched agenda consultation and how your input can help shape the Board’s future priorities.


Learning Objectives:

  • Identify recent/upcoming final guidance issued by FASB.
  • Recognize FASB's progress on other priority topics identified by stakeholders.
  • 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
Basic
Prerequisites
0-2 years in the profession
Advanced Preparation
None
Speakers
Image of Richard Jones

Richard Jones

CPA
Chair
FASB
Image of Jackson Day

Jackson Day

Technical Director
Financial Accounting Standards Board
Image of Helen Debbeler

Helen Debbeler

Deputy Technical Director
FASB