FASB, In Focus - Accounting Standards Update No. 2011-04: Fair Value Measurement (Topic 820): Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRSs (May 2011)

Submitted by ocegstaff on May, 27 2011

Introduction: The FASB and the International Accounting Standards Board (IASB) issued their converged guidance on fair value measurement, which represents meaningful progress toward the stated goal of their Memorandum of Understanding to create a common set of high-quality global accounting standards.

In Focus, May 12, 2011 (FASB)

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Accounting Standards, Fair Value Measurement, FASB, Federal Accounting Standards Board, Financial, Financial Reporting, Financial Statements, GAAP, Generally Accepted Accounting Principles, Guidance Documents, IASB, IFRS, International Accounting Standards Board, International Financial Reporting Standards, Reporting Requirements
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