What Is The Purpose Of Issuing Accounting Standards No 2020 08?

What Is The Purpose Of Issuing Accounting Standards No 2020 08? FASB Issues ASU to Improve Codification Guidance Related to Nonrefundable Fees and Other Costs. The FASB has issued Accounting Standards Update (ASU) No. 2020-08, Codification Improvements to Subtopic 310-20, Receivables — Nonrefundable Fees and Other Costs. Why did the FASB issued accounting standards Update