Did you remember the changes to debt issuance costs?

irIn April 2015, as a part of the FASB’s initiative to simplify and improve accounting standards, the FASB issued ASU 2015-03, Simplifying the Presentation of Debt Issuance Costs. Why should we care about an Accounting Standards Update issued years ago? Because for privately held companies and not-for-profit organizations, ASU 2015-03 is effective for financial statements …

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