Highlights of the September 2019 FASAC Meeting

At its September 24, 2019, meeting, the FASB’s Financial Accounting Standards Advisory Council (FASAC) discussed (1) disaggregation of performance information in financial performance reporting, (2) reference rate reform: facilitation of the effects of the Interbank Offered Rate transition on financial reporting, and (3) cost-benefit considerations related to implementation of the FASB’s revenue recognition standard.

For more information, see the meeting recap on the FASB’s Web site.