Seven of the most frequently cited accounting priorities for investors are either on the US accounting rulemaker’s active to-do list or the board is at least researching whether to tackle the topics, the Financial Accounting Standards Board said in a report released Thursday.
FASB, which has faced intense criticism in the past for ignoring investors’ needs, is trying to listen, according to a second annual report outlining the steps the board takes to consider investor and analyst needs in the rulemaking process. FASB issued its first investor outreach report last year.
“If there’s one message we hope to convey ...