The Financial Accounting Standards Board (FASB) has issued guidance that lays out new rules for financial reporting on discontinued operations. The rules reduce the number of asset disposals that companies must present as discontinued operations in their financial statements. But they also expand the disclosures that are required when discontinued operations are reported.
FASB Revises Reporting Requirements for Discontinued Operations
Posted by celliott on Apr 17, 2014 10:40:49 AM
0 Comments Click here to read/write comments
Topics: discontinued operations, GAAP, Uncategorized