Identify most recently issued financial reporting standard

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Reference no: EM13902063

RESEARCHING THE FASB WEBSITE. Go to the website of the Financial Accounting Standards Board (https://www.fasb.org). Identify the most recently issued financial reporting standard and summarize briefly (in one paragraph) its principal provisions. Also search under Project Activities to identify the reporting issue with the most recent update. Describe the issue briefly and the nature of the action taken by the FASB.

Reference no: EM13902063

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