FASB to Discuss Coronavirus Impact on Standard Setting on April 8, May Provide Some Relief

By:
Chris Gaetano
Published Date:
Apr 2, 2020

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The Financial Accounting Standards Board said that its April 8 meeting will be devoted to standard-setting issued in the wake of the global pandemic. During this meeting, the board will discuss possibly delaying the effective dates for significant standards not yet effective. The board also said it plans to assist stakeholders interpret guidance on priority issues such as troubled debt restructurings and lease modifications in the wake of the crisis, as well as how its standard-setting activities have been affected.

Information on how to view the April 8 meeting will be announced on www.fasb.org in the coming days

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