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Our publication summarizes the FASB’s proposed amendments to clarify, correct errors in or make other improvements to a broad range of topics in the Accounting Standards Codification (ASC), including ASC 260, Earnings Per Share, ASC 325, Investments – Other, and ASC 958, Not-for-Profit Entities. The proposal would apply to all reporting entities within the scope of the affected accounting guidance (i.e., both public and nonpublic entities). Comments are due by 22 April 2025.