FASB issues proposed ASU on contingencies

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20 Jul 2010

The FASB has issued a proposed accounting standards update (ASU) Contingencies (Topic 450): Disclosure of Certain Loss Contingencies.

Paragraphs BC47 and BC48 discuss the similarities and differences with IFRSs (IAS 37).
Click for: Proposed ASU, Contingencies (Topic 450): Disclosure of Certain Loss Contingencies

 

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