Classification and measurement of financial instruments - An overview of the FASB proposal webcast – March 12, 2013

Webcast By Assurance services

Webcast summary

This webcast provides an overview of the revised FASB proposal on financial instruments classification and measurement which is open for public comment until May 15, 2013.

Webcast details

Watch this recorded webcast

The FASB recently issued its revised proposal on financial instruments classification and measurement for public comment by May 15, 2013. Classification and measurement is one part of the FASB and IASB’s broader financial instruments project, along with impairment and hedge accounting.

This proposal reflects a significant change in course by the FASB from its May 2010 proposal. At a high level, the proposal may not appear to be a significant departure from today's accounting; however, the underlying application is vastly different and in many cases can lead to conclusions that diverge from today.

While certain financial institutions such as retail and commercial banks and insurance companies are likely to be most affected by this proposal, other companies with large investment portfolios that are not currently measured at fair value through net income may also be significantly impacted.

On this webcast, we:

  • Provide an overview of the key elements of the proposal
  • Discuss the key potential implications
  • Share some of the specific issues we have heard from constituents

We look forward to having you attend.

CPE credit:

Participation in the live webcast qualifies for 1 CPE credit. 

Please note that CPE credit can only be given to individuals who remain logged into the LIVE webcast and respond to the polling questions provided during the webcast. If you are viewing this webcast in a group, everyone in the group can receive CPE Credit. Also, those who dial in via telephone are NOT eligible for CPE credit. Please note that this is a NASBA (not PwC) requirement.

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