From www.journalofaccountancy.com: FASB is seeking public feedback on a proposed Accounting Standards Update (ASU) that addresses 34 issues to improve its codification as part of an ongoing project to enhance GAAP.

Key issues highlighted include clarifications on amortized cost, earnings per share calculations, beneficial interests, receivables transfer guidance, and not-for-profit entity receivables.

Stakeholders can provide comments on the proposed ASU until April 22.