FASB to issue final standard on recognition and measurement of financial instruments in early January

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22 Dec 2015

The US Financial Accounting Standards Board (FASB) has announced that it plans to issue its final standard on the recognition and measurement of financial instruments during the first week of January 2016.

The FASB finished redeliberations related to its upcoming standard in November 2015 and directed the staff to proceed with drafting a final Accounting Standards Update for a vote by written ballot. Please click for the press release on the FASB website.

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