FASB issues proposed ASU to defer the effective date of certain disclosures for nonpublic employee benefit plans
Posted by mostafa on 1 May, 2013
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The US Financial Accounting Standards Board (FASB) has issued a proposed Accounting Standards Update (ASU) that defers indefinitely the effective date for certain disclosures about investments held by a nonpublic employee benefit plan in the plan sponsor’s own equity securities.