Heads Up: FASB Votes to Finalize Deferral of Statement 167 for Certain Investment Funds
Volume 17, Issue 7
The attached issue of Heads Up discusses the FASB’s vote, at its January 27, 2010, meeting, to finalize Accounting Standards Update (ASU) Amendments to Statement 167 for Certain Investment Funds. It discusses the key provisions of the ASU that were covered at the meeting and outlines anticipated changes to the exposure draft. The FASB indicated that it will attempt to issue a final ASU in mid-February.
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