FASB seeks input on proposed changes to accounting for joint ventures

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FASB seeks input on proposed changes to accounting for joint ventures

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The proposed Accounting Standards Update intends to provide investors and other allocators of capital (collectively, investors) with more decision-useful information in a joint venture’s separate financial statements and reduce diversity in practice in this area of financial reporting.
Source: JOA News
Read More here – FASB seeks input on proposed changes to accounting for joint ventures