FASB issued an Accounting Standards Update that is designed to assist organizations address...

FASB issued an Accounting Standards Update that is designed to assist organizations address certain stranded income tax effects in accumulated other comprehensive income resulting from the Tax Cuts and Jobs Act. What do financial statement preparers require to disclose under the new FASB rules?

Click here for more details: https://www.journalofaccountancy.com/news/2018/feb/fasb-addresses-tax-effects-of-new-tax-law-201818391.html

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