FASB Issues Fair Value Disclosure Exception for Non-Public Entities

The Financial Accounting Resource Center™ is a comprehensive research service that provides the full text of standards, the latest news from the Accounting Policy & Practice Report ®,...

Nonpublic entities that have total assets of $100 million or more, or that have one or more derivative instruments, no longer have to apply guidance about the fair value hierarchy levels for fair value measurements that are disclosed—but not measured at fair value in the statement of financial position—according to an accounting standards update issued Feb. 7 by the Financial Accounting Standards Board.

Request Financial Accounting