Heads Up: FASB Issues Guidance On Measuring Fair Value of Certain Alternative Investments
Volume 16, Issue 35
The attached issue of Heads Up discusses the FASB’s recently issued Accounting Standards Update (ASU) No. 2009-12, Investments in Certain Entities That Calculate Net Asset Value per Share (or Its Equivalent). The ASU offers investors a practical expedient for measuring the fair value of investments in certain entities that calculate net asset value per share and is effective for the first reporting period (including interim periods) ending after December 15, 2009; however, early adoption is permitted.
Read more in the file attached below or visit the Heads Up Archive for past issues.
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