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FASB discusses financial performance reporting

  • FASB meeting Image

May 07, 2015

At its May 6, 2015, meeting, the FASB discussed its project on financial performance reporting.

The FASB discussed its staff’s research on improving the transparency of infrequent transactions or events that have been recognized in the performance statement. The Board considered whether frequency of occurrence was the best way to distinguish certain items and directed the staff to explore other methods for discussion at a future meeting.

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

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