Nano Learning: ASU 2022-03

N-101  |  On Demand Course  |  Intermediate  |  Self-Study

Description

The FASB has issued ASU 2022-03 which is a niche standard providing clarification around restrictions on sale and their impact on the determination of fair value. The standards also includes an update to an illustration and new disclosure requirements. The standard is effective for public business entities for fiscal years beginning after December 15, 2023 and for all other entities for fiscal years beginning after December 15, 2024.

Credits

Number of Credits Type of Credits
0.20 Auditing

Objectives

What impact will ASU 2022-03 have on financial reporting?

Prices

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