Inside the FASB - Accounting standards and Libor relief
Broadcast on: October 6, 2022
Duration: 12:17
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Description – Laks Ganapathi, founder, and CEO of Unicus, sits down with FASB board member, Fred Cannon, to discuss the latest updates by FASB
The FASB has announced that it has issued a new Accounting Standards Update that enhances the transparency surrounding the use of supplier finance programs.
What is supply chain financing? And What drove FASB to issue a new ASU?
FASB has extended LIBOR relief for two more years. Is there an underlying reason you could share with us? What does phasing out LIBOR means to the investors?
What does it mean to the consumers – as it touches on home equity loans, student loans, credit cards, and auto loans?
