Heads Up on FASB's proposed fair value FSPs
23 Mar 2009
Deloitte (United States) has published an issue of the Heads Up newsletter dealing with FASB's two proposed Staff Positions (FSPs) dealing with guidance on fair value measurement and impairments of certain investments in debt and equity securities.
The IASB has issued a Request for Views on the two FASB proposals. Click to download the Heads Up Newsletter (PDF 118k), which is titled Guidance Proposed on Inactive Markets, Distressed Transactions, and Other-Than-Temporary Impairments.