Welcome to the quarterfvly edition of Accounting Roundup. In the second quarter of 2017, the FASB issued ASUs that (1) address diversity in practice related to service concession arrangements and (2) amend the scope of modification accounting for share-based payment arrangements. The Board also released proposed ASUs that would (1) make targeted improvements to its consolidation guidance for VIEs and (2) eliminate certain outdated guidance as part of its ongoing technical corrections project.
Copyright © 2023 Deloitte Development LLC. All rights reserved.