Financial Services Industry Spotlight — Special Edition — ASU 2011-04: A Few Good DisclosuresIssue 1, July 2012 |
This Financial Services Industry Spotlight examines how 30 FSI entities implemented ASU 2011-04, which amends the fair value measurement and disclosure requirements in U.S. GAAP. The companies in our sample operate in several FSI sectors, including banking and securities, insurance, real estate, and asset management. By examining SEC filings from entities in these sectors, we can see whether and, if so, how the ASU affected their financial position or performance. We can also identify differences in the way entities apply the new or revised measurement and disclosure requirements, which may lead to further refinements in future financial statements.
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Financial Services Industry Spotlight — Special Edition — ASU 2011-04: A Few Good Disclosures
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