NOW AVAILABLE:
New FASB Webpage Dedicated to Implementing New Standards
Norwalk, CT, September 13, 2017—The Financial Accounting Standards Board (FASB) today launched a new webpage, Implementing New Standards (www.fasb.org/implementation)
that addresses why and when the FASB positions organizations for a
successful and smooth transition to new financial accounting and
reporting standards.
The webpage focuses on how the FASB:
The webpage also acts as a "one-stop-shop" for educational materials and implementation guidance for FASB's major standards—including hedging, which the FASB issued on August 28, 2017.
Concurrent with the webpage, the FASB also produced a short video
that provides a brief overview of how the FASB conducts its implementation assistance efforts.