Heads Up: FASB Finalizes ASU on Subsequent EventsVolume 17, Issue 9 |
The attached issue of Heads Up discusses the FASB’s recently released Accounting Standards Update No. 2010-09, Amendments to Certain Recognition and Disclosure Requirements. The ASU amends FASB Accounting Standards Codification Topic 855, Subsequent Events (formerly FASB Statement No. 165, Subsequent Events) to address certain implementation issues related to an entity’s requirement to perform and disclose subsequent-events procedures.
Read more in the file attached below or visit the Heads Up Archive for past issues.
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