The Rundown | 2023 Mid-Year Report
Cherry Bekaert
JULY 20, 2023
The Financial Accounting Standards Board (FASB) has issued only two new Accounting Standard Updates (ASUs) and the Government Accounting Standards Board (GASB) has not issued any new GASB Statements in 2023. For example, in the pharmaceutical industry many public entities are reporting an immaterial allowance.
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