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FASB subjective acceleration clauses and debt default disclosures project status

Official June 2026 project status evidence that the Board added a technical agenda project and that tentative decisions do not change current accounting.

Authority and currency

About this authority

Publisher
Financial Accounting Foundation
Standing
Primary authority
Version
PCC meeting recap, June 1–2, 2026
Relevant parts
Update on selected FASB projects—Subjective Acceleration Clauses and Debt Default Disclosures
Currency
current · checked Aug 8, 2026

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The June 2026 recap confirms that subjective acceleration clauses and default disclosures are again on the FASB technical agenda. The module displays that fact as a yellow standards-clock card: monitor the project, but apply current Topic 470 until final amendments become effective for the entity and period.