The Financial Accounting Standards Board has begun unpacking feedback it received from stakeholders — at meetings and from over 100 comment letters in recent months — whereby companies, report preparers and investors weighed in on accounting topics they want to see prioritized on the U.S. accounting standard setter’s agenda going forward.
While opinions varied significantly, the respondents consistently identified three top topics they wanted prioritized: risk management and hedge accounting, alternative funding arrangements and interaction of consolidation guidance and other transactions, a staff member told the board at its Wednesday meeting. Low priorities…
