FASB Improves Accounting for Investments in Tax Credit Structures
March 29, 2023 — FASB Press Release Printout of Press Release below: The Financial Accounting Standards Board (FASB) today issued an Accounting Standards Update (ASU) that improves the accounting and disclosures for investments in tax credit structures. The ASU is a consensus of the FASB’s Emerging Issues Task Force (EITF). The ASU allows reporting entities to elect…