United States

FASB Ends Short-Duration Disclosures Talks and Will Issue Standard

Mar 16, 2015
From the Financial Reporting View

The edition of Issues & Trends In Insurance reports that the FASB recently reached final decisions about claims liabilities disclosures to improve financial reporting for short-duration insurance contracts after discussing comments from its fatal flaw review. The FASB will issue a final Accounting Standards Update (ASU).

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