ASC 855 — Subsequent Events
Below is an overview of FASB Accounting Standards Codification Topic 855, Subsequent Events, as well as a list of FASB Accounting Standards Updates (ASUs) and proposed ASUs related to this Topic.
ASC 855-10 notes that it "provides guidance on principles and requirements for subsequent events."
The full text of ASC 855 can be found in the FASB Accounting Standards Codification (link to the FASB's Web site; registration required). Also, the full text of the Codification and Deloitte-authored Q&As related to the Codification are available in the Deloitte Accounting Research Tool (DART) Web site (subscription required).
Content from the FASB Accounting Standards Codification® included at http://www.usgaapplus.com is copyrighted by the Financial Accounting Foundation, 401 Merritt 7, PO Box 5116, Norwalk, CT 06856-5116, and is reproduced with permission.
FASB Accounting Standards Updates
The following ASUs amended the guidance in this Topic:
- ASU 2014-09, Revenue From Contracts With Customers (issued May 2014; effective December 15, 2016, for public entities).
- (issued October 2012; effective December 15, 2012). a consensus of the FASB Emerging Issues Task Force
- (issued February 2010; effective June 15, 2010).
Proposed FASB Accounting Standards Updates
No current proposed ASUs on Topic 855.