FASB issues final Disaggregation of Income Statement Expenses ASU
דני ויטאן
, עידו גרינבוים
, גיא זמורה
, יוני גיזברי
נובמבר 2024
KPMG brings you a summary of ASU 2024-03, Disaggregation of Income Statement Expenses, which addresses investor requests for more transparent information.
The primary goal of the ASU is to improve the decision usefulness of expense information on public business entities’ income statements through the disaggregation of relevant expense captions in the notes to the financial statements. This summary will provide background and key provisions to the ASU, plus effective dates, clarifications and more.
Our team is prepared to assist and advise in any issues that rise during these times, we invite you to contact us.
