FASB Issues Three Proposed ASUs in Response to EITF Consensuses
Published on:
17 Apr 2012
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Today, the FASB exposed the following three proposed ASUs for public comment in response to consensuses-for-exposure reached at the EITF’s March meeting (as reported in Deloitte’s March issue of EITF Snapshot):
- Accounting for Fair Value Information That Arises After the Measurement Date and Its Inclusion in the Impairment Analysis of Unamortized Film Costs.
- Subsequent Accounting for an Indemnification Asset Recognized at the Acquisition Date as a Result of a Government-Assisted Acquisition of a Financial Institution.
- Not-for-Profit Entities: Classification of the Sale of Donated Securities in the Statement of Cash Flows.
Comments on each of the three proposals are due by July 16, 2012.
