Previously-broadcast session FOR INFORMATION ONLY (no CPE credit available for re-watching)
The Financial Accounting Standards Board (FASB) has issued an Accounting Standards Update (ASU) that improves financial reporting by requiring timelier recording of credit losses on loans and other financial instruments. In addition, the FASB has issued a proposed ASU for the accounting for and disclosure of crypto assets, to provide greater clarity and transparency in the financial statements of organizations that hold these assets.
