• 09/21/2024

FASB Proposes Rule on How Companies Account for Government Grants

Wall Street Journal

The Financial Accounting Standards Board wants to establish requirements on how companies account for government grants in their financial reports, a move to help investors compare businesses with each other as such aid becomes more prevalent.

https://www.wsj.com/articles/fasb-proposes-rule-on-how-companies-account-for-government-grants-d95fafa4