SBAC Holds November 2020 Meeting
November 18, 2020
The Small Business Advisory Committee (SBAC) held a virtual meeting with the FASB on November 12, 2020. Topics discussed at the meeting included:
- Implementation of, and targeted improvements to, the FASB’s new leasing standard.
- Reference rate reform.
- Disclosure framework: disclosures — interim reporting.
- Distinguishing liabilities from equity (including convertible debt).
For more information, see the meeting recap on the FASB’s Web site.