The IASB and FASB require companies to provide expanded disclosure about their contractual obligations.

Name: The IASB and FASB require companies to provide expanded disclosure about their contractual obligations.
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Quizplus · Accepted Answer

The IASB (International Accounting Standards Board) and FASB (Financial Accounting Standards Board) have guidelines that require companies to disclose information about their contractual obligations to provide transparency and help stakeholders understand the company's financial commitments.

The IASB and FASB Require Companies to Provide Expanded Disclosure