FASB’s Investor Advisory Committee Holds November 2023 Meeting

At its November 2, 2023, meeting, the FASB’s Investor Advisory Committee (IAC) discussed the following topics:

• The FASB’s proposed Accounting Standards Update on disclosures related to disaggregation of income statement expenses.
• Key financial performance indicators for public business entities, including feedback the Board received as part of its 2021 agenda consultation process.
• Emerging issues and trends (e.g., inflation risk, software subscriptions, technology start-ups).
• A FASB staff update on the Board’s current projects, including accounting for and disclosure of crypto assets, segment reporting, and disclosures about obligations related to supplier finance programs.

The next IAC meeting is expected to be held in the second quarter of 2024. For more information, see the meeting recap on the FASB’s Web site.