FASB and OIC hold joint meeting
22 Jun 2018
On 21 June 2018, representatives of the US Financial Accounting Standards Board (FASB) and the Italian standard-setter Organismo Italiano di Contabilità (OIC) held a joint meeting in Norwalk. The meeting was the third bilateral meeting between the two standard-setters.
The FASB and the OIC had an exchange of views on implementation activity related to standards on revenue, expected credit losses, and leases and discussed future projects and the FASB’s upcoming standard on targeted improvements to long-duration insurance contracts.
For more information about the meeting, see the press release on the FASB website.
