FASB Posts Recap of May 2021 Investor Advisory Committee Meeting

The FASB’s Investor Advisory Committee (IAC) met on May 25, 2021.

At the meeting, the IAC discussed “the disaggregation of performance information and what improvements could be made to the information currently presented on the income statement,” “potential additional disaggregation or changes investors would like to see for the statement of cash flows,” and emerging issues and trends.

The IAC expects to meet again in November 2021. For more information, see the meeting recap on the FASB’s Web site.