Appendix D — Roadmap Updates for 2023
The table below summarizes the
substantive changes made in the 2023 edition of this Roadmap.
Section
|
Title
|
Description
|
---|---|---|
Collectibility of Receivables
|
Revised section and deleted Sections 2.2.3.1 and 2.2.3.2 on
guidance before and after the adoption of ASU 2016-13, since
this ASU is now effective for all entities.
| |
Occurrence of a Business Combination or
Successful Completion of an IPO
|
Amended guidance on liabilities that are
contingent on a business combination and added Example
2-7. Renumbered subsequent examples.
| |
Offer to Settle Litigation
|
Added
guidance that addresses the measurement of a contingent
liability when an entity has offered a settlement amount
that has been rejected by the counterparty.
| |
Transactions
Within the Scope of ASC 460-10-15-4
|
Included
guidance that addresses when contracts to provide a service
are within the scope of ASC 460-10.
|