Heads Up: FASB’s New Disclosure FSP Is Effective Immediately
Volume 15, Issue 43
The attached issue of Heads Up discusses the FASB’s recently released FSP FAS 140-4 and FIN 46(R)-8, which accelerates the requirement for public companies to provide disclosures that are similar to those proposed in the pending amendments to Statement 140 and Interpretation 46(R). This disclosure-only FSP improves the transparency of transfers of financial assets and an enterprise’s involvement with variable interest entities, including qualifying special-purpose entities.
Read more in the file attached below or visit the Heads Up Archive for past issues.
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