Question

in which accounting standards did the fasb and vias be jointly proposed new standards designed to improve the comparability of disclosure in financial statements

Answer 1

IFRS

Step-by-step explanation:

The International Accounting Standards Board (IASB) and the US Financial Accounting Standards Board (FASB) proposed improved standards for the IFRS regarding the single revenue recognition standard. This way, the standard would be omnipresent across several industries and markets, creating unified and standardized financial reporting.