SBAC Holds May 2021 Meeting
May 25, 2021
The Small Business Advisory Committee (SBAC) held a virtual meeting with the FASB on
May 13, 2021. Topics discussed at the meeting included:
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Disclosure of supplier finance programs involving trade payables.
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Improving the accounting for asset acquisitions and business combinations.
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Identifiable intangible assets and subsequent accounting for goodwill.
For more information, see the meeting recap on the FASB’s Web site.