Brad and his guests discuss the recently issued FASB accounting standard update on expense disaggregation disclosures as well as guidance on non-GAAP financial measures.

*** This episode qualifies for nano CPE credit. Find out more at https://njcpa.org/nano. ***

Resources:

• FASB ASU 2025-01, Income Statement — Reporting Comprehensive Income — Expense Disaggregation Disclosures (Subtopic 220-40): Clarifying the Effective Date
• Journal of Accountancy article: Exercising caution with non-GAAP measures and disclosures
• Accounting and auditing articles and events
• Fraud prevention articles and events
• Join the Accounting & Auditing Standards Interest Group