Big Companies Push Back on Proposed Expansion of Disclosure on Expenses

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Apple, Charter, Starbucks and other corporate giants express concern about the Financial Accounting Standards Board’s plan

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https://www.wsj.com/articles/big-companies-push-back-on-proposed-expansion-of-disclosure-on-expenses-590e93c3The finance chief of Starbucks questioned whether the company could accurately break down its inventory and manufacturing expenses under the U.S. accounting standard-setter’s proposal.

of the amounts of employee compensation, depreciation of property and equipment, amortization of intangible assets such as trademarks, and inventory expenses in the footnotes further clarifying the income-statement entries.Continue reading your article with

 

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