FASB invites feedback on future agenda priorities
The Financial Accounting Standards Board (FASB) is seeking stakeholder input on its future standard-setting agenda. The request encourages feedback on financial accounting and reporting priorities, including ways to enhance the FASB Accounting Standards Codification®, reduce complexity, and provide investors with better decision-useful information.
This consultation follows extensive outreach with over 200 stakeholders, reflecting broad consensus that major changes to GAAP are unnecessary. Instead, the request for feedback focuses on targeted improvements. Stakeholders are invited to submit their feedback by 30 June, shaping the Board’s agenda and priorities for the coming years.
To participate, find more details on the FASB website.
