y 2015, the FASB named ASV 2015-01, Income Sratementalmorcanay and !Inoue( fawns (Schlepp 225.201 Simparyng /room. Stikine& Oteserve!cn by &aurora:, The Concept d Extreeninary items ASU 201501 eliminates from GAAP the concept of extraordnary items An entity w.11 ro longer be required to (1) segregate an extraordinary Item