Big companies that use complex—and largely hidden—financing to stretch out their cash and delay payments to suppliers could have to disclose how much money is at stake on a quarterly basis.
US accounting rulemakers on Wednesday continued to refine a plan that would call on companies to spell out for the first time the details of these increasingly popular supply chain financing techniques.
- Under the proposed rule changes, companies would have to reveal the existence and details of financing techniques they use that pad their cash flows but are largely hidden from investors.
- In a key change from the proposal ...