On November 4, 2024, FASB issued Accounting Standards Update 2024-03, Disaggregation of Income Statement Expenses (DISE), which will require public business entities to disclose additional expense details in annual and interim financial statement notes. Inventory purchases; employee compensation; depreciation; intangible asset amortization; and depreciation, depletion, and amortization (DD&A) amounts that are included in certain expense line items will now be disclosed. Download the PDF below for more details on the guidance.
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