![financial report magnifying glass 3 56169854a73d9](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2022/07/20049/financial_report_magnifying_glass_3_.56169854a73d9.png)
New Content Helps Accounting Pros with Changes to Financial Reporting Requirements
The FASB has a project underway to improve accounting rules for financial instruments and is expected to issue a final standard in late 2015 to make targeted improvements to existing Generally Accepted Accounting Principles (GAAP).