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FASB and OIC discuss current activities

  • Meeting (blue) Image

Jun 22, 2018

At their June 21, 2018, meeting, the FASB and the Organismo Italiano di Contabilità (OIC) met to provide updates on their current activities.

Specifically, the two organizations discussed “implementation activity related to standards on revenue, expected credit losses, and leases” as well as future projects and the FASB’s upcoming standard on long-duration insurance contracts.

For more information, see the press release on the FASB’s Web site.

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