In response to the coronavirus (COVID-19) pandemic, FASB will address at its April 8 meeting effective date deferral requests for significant accounting standards that are not yet effective.
FASB said in a recent news release that it shares global concerns about the impact of the coronavirus and is committed to supporting its stakeholders during the public health crisis.
At the meeting, FASB will discuss, among other topics, effective date deferral requests and the sunset date for its standard on reference rate reform.