Corporate Expense Reporting Promises Investors More Clarity (1)

Investors are slated to get their hands on new details about major costs that affect corporate income from rising payroll totals to higher fuel prices under new expense disclosure requirements that have been years in the making.

The Financial Accounting Standards Board on Monday released final rule changes that require public companies to detail amounts spent on expenses including staff salaries and benefits, inventory purchases, and the cost of depreciation and amortization.

Companies will have to begin surfacing the new information for shareholders and other financial statement users in their 2027 annual reports. Similar details must be reported each quarter ...