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CPA Practice Advisor · Dec 8, 2025
FASB Posts New Standard to Improve Interim Reporting
Tax Brief summary and classification of the original reporting.
Bottom Line
💡 FASB Posts New Standard to Improve Interim Reporting. Worth reviewing for potential client impact.
Summary
The Financial Accounting Standards Board issued a new Accounting Standards Update on Dec. 8 that the board said improves the navigability of the required interim reporting disclosures and clarifies when that guidance is applicable.
Classification
Category: fyiPriority: importantReason: Contains 'update' - significant update
Affected Groups
All tax practitioners
Related Topics
Original Source
We aggregate public tax updates and provide AI-assisted summaries. Please read the original reporting for full details.
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