Heads Up on FASB fair value FSPs

  • Heads Up Image

15 Apr 2009

Deloitte United States has published a Heads Up Newsletter titled FASB Issues Guidance on Measuring Fair Value When Market Activity Declines, Other-Than-Temporary Impairments, and Interim Fair Value Disclosures.

The newletter discusses three recently issued Staff Positions (FSPs):

  • FSP FAS 157-4, which provides guidance on determining fair value when market activity has decreased
  • FSP FAS 115-2 and FAS 124-2, which addresses other-than-temporary impairments for debt securities
  • FSP FAS 107-1 and APB 28-1, which discusses fair value disclosures for financial instruments in interim periods
Click for Heads Up Newsletter (PDF 141k).
See also the IAS Plus News Story of 14 April 2009.


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