Related Party Combinations – AcSB
Date recorded:
At its meeting on September 14-15, 2022, the AcSB decided to issue a narrow scope amendment to clarify that financial instruments acquired in a common control transaction should be measured using the principles in Section 3840. The Board expects to issue an Exposure Draft on November 1, 2022, with a 90-day comment period.
Review the Executive Summary on the AcSB's Web site.