Posted on Wednesday, June 24, 2020

The Financial Accounting Standards Board (FASB) published a new Q&A that covers applying the US GAAP Financial Reporting Taxonomy on disclosures related to effects of COVID-19. Topic areas covered include:

  • Income taxes
  • Payroll taxes
  • Loans
  • Grants
  • Pensions
  • Overall discussion of the COVID-19 pandemic.

 

Read the Q&A.