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International News

XBRL International Inc.

07/06/2026 | News release | Distributed by Public on 07/06/2026 02:18

FASB proposes GAAP Taxonomy updates for investment company fair value reporting

Posted on July 6, 2026 by Editor

The US Financial Accounting Standards Board (FASB) has issued proposed improvements to the GAAP Financial Reporting Taxonomy related to a proposed Accounting Standards Update on Fair Value Measurement (Topic 820). The proposed ASU would change how investment companies measure the fair value of equity securities that are subject to contractual sale restrictions, and would require disclosure of the related discount. Comments are due by 17 July 2026.

Read the announcement here.

XBRL International Inc. published this content on July 06, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on July 06, 2026 at 08:18 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]

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