FASB delays comment deadline for proposed ASU on contingencies

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19 Aug 2010

The FASB has extended the comment deadline on its proposed Accounting Standards Update Contingencies (Topic 450): Disclosure of Certain Loss Contingencies to 20 September 2010. The original comment deadline was 20 August 2010, but was extended because of feedback from respondents noting the need for more time to provide adequate comments.

Click here to read the news release (link to FASB website).

 

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