United States

FASB Changes Presentation of Debt Issuance Costs

Apr 09, 2015
From the Financial Reporting View

This edition of Defining Issues reports that on April 7, 2015, the FASB issued a new Accounting Standards Update that intends to simplify the presentation of debt issuance costs. The new standard will more closely align the presentation of debt issuance costs under U.S. GAAP with the presentation under comparable IFRS standards.

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