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On June 5, 2023, GASB approved the release of its 2023 Implementation Guide, which primarily addresses unresolved questions on Statement 87, Leases, and Statement 96, Subscription-Based Information Technology Arrangements (SBITAs). This article provides details on the guide.
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FASB has approved narrowly focused accounting guidance for certain digital assets with a final ASU expected in the fourth quarter. Read on…
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This paper provides an overview of proposed and final standards issued by FASB from April to June 30, 2023.
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