To be consistent with international standards,the FASB has changed reporting requirements for redeemable p

Question

Quizplus · Accepted Answer

The FASB (Financial Accounting Standards Board) sets accounting standards primarily for the United States, while international standards are set by the IASB (International Accounting Standards Board). The question seems to be incomplete, and there is no specific information about a change in reporting requirements for redeemable instruments by the FASB to align with international standards.

To Be Consistent with International Standards,the FASB Has Changed Reporting