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Financial Executives International’s (FEI) Committee on Corporate Reporting (CCR) met in Stamford, CT, in June for its quarterly meeting to discuss the latest accounting and financial reporting issues facing the preparer community.
During those meetings CCR members held a public session with Russell Golden, Chairman of the Financial Accounting Standards Board (FASB), along with Board Members Daryl Buck, James Kroeker, Marc Seigel and Larry Smith, and Staff Members Susan Cosper and Alicia Posta to discuss current financial reporting issues including the FASB’s research agenda, revenue recognition, lease accounting, credit impairment, hedging, the FASB’s disclosure framework and other important topics.
Find out more about these important topics and what the FASB said through FEIConnect, FEI’s member-only online community, where you can gain access to the full article titled, What We Learned – CCR June Meetings.
About CCR
CCR represents approximately 45 of the largest Fortune 100 companies making up more than $5 trillion in market capitalization, and is highly influential to the preparer community as it monitors accounting and financial reporting developments of the Financial Accounting Standards Board (FASB), International Financial Reporting Standards Board (FASB), the U.S. Securities and Exchange Commission (SEC), and Public Company Accounting Oversight Board (PCAOB). The Committee frequently engages in discussions with these respective bodies on issues important to FEI membership, and provides feedback through the formal comment letter process.