This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

FASB discusses balance sheet classification of debt

  • FASB meeting Image

Mar 21, 2019

At its March 20, 2019, meeting, the FASB discussed its project on simplifying the balance sheet classification of debt.

The Board continued redeliberating its proposed ASU Simplifying the Classification of Debt in a Classified Balance Sheet (Current Versus Noncurrent) and made ten­ta­tive de­ci­sions about unused long-term financing arrangements and disclosures. In ad­di­tion, the Board di­rected its staff to draft a revised proposed ASU for a vote by written ballot.

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

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.