PwC submitted an agenda request to the FASB asking that the EITF provide clarification on the accounting for equity securities without readily determinable fair values. Various questions have arisen related to the interaction of ASC 321 and ASC 323 and how these standards should be applied when electing the measurement alternative. PwC believes that this is a narrow issue that can be resolved in a short period of time by the EITF.
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