FASAC Holds Quarterly Meeting

On March 5, 2024, the FASB’s Financial Accounting Standards Advisory Council (FASAC) held its quarterly meeting. Topics discussed at the meeting included:

• Accounting alternatives and changes in accounting principle.
• Disaggregation — income tax expenses.
• Accounting for environmental credit programs.

The next FASAC meeting is scheduled for September 19, 2024. For more information about the March 5 meeting, see the meeting recap on the FASB’s Web site.