Yesterday the Financial Accounting Standards Board (FASB)  issued two proposed staff positions (FSPs) aimed at providing added application guidance on fair value measurements and impairments of securities.

Beyond these near-term proposed improvements, the FASB also has a joint project in conjunction with the International Accounting Standards Board that is aimed at more broadly revamping and converging their respective standards on accounting for financial instruments.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.