FASB proposes improvements to fair value disclosures

BVWireIssue #159-2
December 9, 2015

The FASB issued a proposed Accounting Standards Update (ASU) titled Fair Value Measurement (Topic 820): Disclosure Framework—Changes to the Disclosure Requirements for Fair Value, which is intended to improve the effectiveness of disclosure requirements on fair value measurements. The proposed ASU would improve existing disclosure requirements related to fair value measurement, clarify disclosure requirements, as well as identify ways to improve the board’s decision process.

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