Podcast overview
KPMG professionals break down the FASB’s new standard on Disaggregation of Income Statement Expenses (DISE). This episode unpacks what companies need to know—from the requirements and implementation challenges to industry-specific impacts. Learn about the data demands, potential costs, and strategic steps companies should take now to ensure a smooth transition. Don't roll the dice by waiting - listen now!
Applicability
- Public business entities
Relevant dates
- November 4, 2024 – FASB issued final ASU 2024-03, Disaggregation of Income Statement Expenses
Podcast contents
- 00:05 – Introduction
- 01:15 – Bottom line up front: Why is DISE such a big deal?
- 06:05 – Expenses: Which ones will be disaggregated?
- 08:00 – Industries: Who is facing the biggest challenge?
- 11:35 – Implementation: Where is the new data going to come from?
- 15:00 – Preparation: Practice steps companies should take now.
- 16:40 – Communication: How to effectively explain this new detail.
- 20:25 – Investors: How will they use this new information?
- 22:25 – Parting thoughts and key takeaways
- 23:50 – Closing
Explore more
Resource
Rolling the DISE: FASB issues final ASU
The final ASU requires new disclosures to disaggregate prescribed natural expenses underlying any income statement caption.
Resource
FASB issues proposed ASU on software cost accounting
Proposed amendments intend to modernize aged internal-use software guidance.
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