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FASB meets to discuss financial statement presentation

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Jun 26, 2014

At its June 25, 2014, meeting, the FASB began discussing the objective and scope of its research project on financial statement presentation. The Board agreed to rename the project “Financial Performance Reporting” to avoid confusing it with its previous joint project with the IASB on this same topic.

The Board decided that the primary objective of the research project would be to evaluate ways to improve the relevance of information presented in the performance statement.

For more information, see the meeting minutes on the FASB’s Web site.


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