FASB Equity Method Targeted Improvements: 2026 Tentative Board Decisions
What did the FASB decide on equity method targeted improvements at the May 13, 2026 Board meeting? The FASB tentatively decided to apply a single “significant influence” threshold for the equity method regardless of entity type, remove the 20% presumption, broaden the board-of-directors indicator to functionally-equivalent governing bodies, and require general-partner significant-influence treatment for noncontrolling…