Understanding DISE is one thing. Actually producing the disclosure every quarter is another. In the final episode of their three-part series, Embark's Nicole Harger and Adam Olsen are joined by David Bushby, who brings real-world perspective from working directly with public companies on DISE implementation. If your team is asking "where do we even start," this episode is the answer.

In this episode:

• How to conduct a readiness assessment and gap analysis before your 2027 effective date
• Who needs to be in the room: why finance, IT, HR, procurement, and operations all have a role
• Key decisions to make early: cost-incurred vs. expense-incurred, selling expense definition, and voluntary disclosures
• Systems and data challenges: fragmented ERPs, the retail inventory method, cost pools, and how to use estimates responsibly
• Internal controls for a new disclosure: what needs to be in place before your first filing
• How DISE interacts with segment reporting under ASC 280 and what to address in MD&A
• Industry-specific pain points for retail, consumer products, manufacturing, life sciences, and tech
• Six practical tips for first-year adoption, including why running a pilot in 2026 could save you significant headaches

If Episode 1 covered the "why" behind DISE, Episode 2 is where theory meets practice. Embark's Nicole Harger and Adam Olsen get into the technical details of all five required natural expense categories, working through the tricky classification questions companies are already bringing to their teams. This is the episode to bookmark when your client asks, "But where exactly does that go?"

In this episode:

• The difference between natural and functional expense classification, and why it matters for your disclosure
• Purchases of inventory: what's included, what's excluded, and how intercompany transactions and inbound freight factor in
• Cost-incurred vs. expense-incurred basis: what each means and why most companies will elect cost-incurred
• Employee compensation: the ASC 718 definition of "employee," how to handle contractors and leased workers, and a practical approach to mixed workforces
• Depreciation and intangible asset amortization: how to handle finance lease ROU assets, internal-use software, and the costs that look like amortization but aren't
• DD&A for extractive industries, plus special considerations for asset-related costs, liability-related expenses, and reimbursement arrangements
• How to define selling expenses for your business, and why that definition has to hold up over time

The FASB just issued new guidance that will fundamentally change how public companies communicate about their cost structure. In the first episode of a three-part series, Embark's Nicole Harger and Adam Olsen break down ASU 2024-03, the Disaggregation of Income Statement Expenses (DISE) standard, and why companies need to start preparing now, even with a 2027 effective date on the horizon.

This episode covers the foundation: the investor demand driving the standard, who it applies to, and what "relevant expense captions" actually mean for your financial reporting.

In this episode:

• Why the FASB issued DISE and how it fits into a broader expense transparency initiative (alongside ASU 2023-07 and ASU 2023-09)
• Who is in scope: all public business entities, including broker-dealers, IPO-stage companies, and private companies whose financials appear in SEC filings
• Effective dates: annual periods beginning after December 15, 2026; interim periods beginning after December 15, 2027
• What goes into the tabular footnote disclosure, including the five required natural expense categories
• How to identify relevant expense captions, and the key exceptions and practical expedients that offer some relief