SBAC Holds May 2023 Meeting
June 9, 2023
The Small Business Advisory Committee (SBAC) held a virtual meeting with the FASB on
May 18, 2023. Topics discussed at the meeting included:
- Changing business practices and emerging accounting issues.
- Improvements to income tax disclosures.
- Accounting for and disclosure of crypto assets.
- Accounting for and disclosure of software costs.
For more information, see the meeting recap on the FASB’s Web site.