The Financial Accounting Standards Board’s ASU 2024-03, the Disaggregation of Income Statement Expenses (DISE) standard, will require public business entities to disclose specified expense information in a standardized table within the financial statement footnotes. Meeting that requirement may involve far more than adding a new disclosure. It requires organizations to reconsider how expense data is captured, allocated, governed, controlled and supported across the reporting process.
For many companies, the most important question is no longer, “What does the standard require?” It is: “Can our current data, systems and controls produce a complete, supportable and repeatable disclosure within the time available?”
Join RSM professionals for a practical discussion of how to answer that question. We will examine the decisions that can shape the DISE implementation effort, from determining which income statement captions are in scope to identifying data and control gaps, selecting defensible estimation or allocation approaches, and preparing the organization for dry runs and sustained compliance.
Who should attend
This webinar is designed for public company leaders responsible for financial reporting, data integrity and audit readiness, including:
- Chief financial officers and chief accounting officers
- Corporate controllers and technical accounting leaders
- Financial reporting, Securities and Exchange Commission reporting and financial planning and analysis teams
- Internal audit, IT and enterprise systems leaders supporting the close
- Private equity-backed and pre-initial public offering companies preparing for public company reporting
What you will learn
Participants will leave with a clearer view of what DISE readiness requires and how to sequence it, including:
- Scoping the standard for your income statement: How to identify the relevant expense captions subject to DISE and what the tabular disclosure looks like in practice.
- Assessing your current state: Where the required data already exists, where estimation or allocation methodologies will be needed, and where systems, controls or governance gaps may introduce risk.
- Building a defensible implementation plan: How to work through cost-incurred versus expense-incurred decisions and stand up a cross-functional project team, governance structure and roadmap.
- Designing, building and validating the disclosure model: Updating the chart of accounts and data structures, implementing estimation methodologies, and running dry runs that validate internal control over financial reporting.
- Sustaining DISE after adoption: Moving from first annual disclosures for fiscal year 2027 to a repeatable operating model embedded in normal reporting cycles.
