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Prepared for FASB’s New Segment Disclosures?

FASB’s ASU 2023-07 on segment reporting is effective for public entity 2024 financial statements.

FASB’s Accounting Standards Update (ASU) 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures, is effective for public entity 2024 financial statements. Download the PDF below for a look at the ASU’s requirements, as well as recent SEC commentary on non-GAAP measures and single-segment reporting.

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If you have any questions or need assistance, please reach out to a professional at Forvis Mazars.

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