The US accounting standard setter Monday announced a new research project related to data infrastructure investments and non-traditional lending, including private credit.
The Financial Accounting Standards Board will analyze current trends and emerging issues in these areas. Staff will present the board with information gathered from the research, helping members determine whether to add items to FASB’s technical agenda.
This project aims to ensure the board’s standards remain relevant and address emerging issues in the financial sector.
By proactively researching and seeking public input, the FASB can identify areas where its guidance may need to be updated or expanded to ...