FASB to Focus on Liabilities and Goodwill in 2020



The Wall Street Journal reported that the Financial Accounting Standards Board will focus on two issues in 2020: differentiating liabilities from equity and improving the measurement of goodwill.

FASB will focus on these priorities this year in preparation for the departure of Chairman Russell Golden, who will step down in June, according to the report.

EY Partner and Chief Accountant Richard Jones will assume the chairman role in July.

Leave a comment

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
terry.mulreany@monitordaily.com
Susie Angelucci
Advertising: 484.459.3016
susie.angelucci@monitordaily.com

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com