The Financial Accounting Standards Board is giving more time to people to comment on its proposals for clarifying financial statement disclosures as a result of Hurricane Sandy.
The new deadline for providing feedback on FASB’s “Invitation to Comment, Disclosure Framework” has been pushed until Nov. 30, 2012. The paper asks for input on ways to improve the effectiveness of disclosures in notes to financial statements of public, private and not-for-profit organizations. The original deadline was Nov. 16.
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