EY helps clients create long-term value for all stakeholders. Enabled by data and technology, our services and solutions provide trust through assurance and help clients transform, grow and operate.
At EY, our purpose is building a better working world. The insights and services we provide help to create long-term value for clients, people and society, and to build trust in the capital markets.
Our publication summarizes the FASB’s proposal to amend ASC 270 to require disclosure at interim periods when a significant event or transaction that has a material effect on an entity has occurred since the prior year-end. The proposal would also clarify (1) the form and content of interim financial statements and notes in accordance with US GAAP and (2) when comparative disclosures are required. Comments are due by 31 January 2022.