The Financial Accounting Standards Board voted Thursday to add three more projects to its technical agenda in the areas of liabilities and equity, financial performance reporting, and segment reporting.
The first project aims to distinguish liabilities and equity to improve understandability and reduce complexity, without sacrificing the information that users of financial statements need. It will focus on indexation and settlement (within the context of the derivative scope exception), along with convertible debt, disclosures, and earnings per share
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