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Changes to fair value disclosure requirements: FASB reduces some disclosures

In depth , PwC US Sep 20, 2018

We summarize old and new fair value disclosure requirements. Some changes are effective right away.

Old and new fair value disclosure requirements

New FASB guidance issued in August 2018 modifies public and private company fair value disclosure requirements. While some disclosures were removed or modified, others were added. The guidance is the result of the FASB’s test of the principles developed in its disclosure effectiveness project, which is designed to improve the effectiveness of disclosures in the notes to the financial statements.

The removal and amendment of certain disclosures can be adopted immediately with retrospective application. As such, companies may stop including these disclosures for both the current and comparative periods in their next set of financial statements. The effective date for the additional disclosures for calendar year-end public companies is January 1, 2020.

Download Changes to fair value disclosure requirements: FASB reduces some disclosures

For a deeper discussion on fair value disclosure requirements, please contact:

Chris Brabham

Partner, National Professional Services Group, PwC US

Andreas Ohl

Partner, National Professional Services Group, PwC US

Maria Constantinou

Director, National Professional Services Group, PwC US

Alex Gee

Senior Manager, National Professional Services Group, PwC US

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David Schmid
IFRS & US Standard Setting Leader, National Professional Services Group, PwC US
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Changes to fair value disclosure requirements: FASB reduces some disclosures

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We summarize old and new fair value disclosure requirements. Some changes are effective right away.

Download Changes to fair value disclosure requirements: FASB reduces some disclosures

For a deeper discussion on fair value disclosure requirements, please contact:

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We summarize old and new fair value disclosure requirements. Some changes are effective right away.

Download Changes to fair value disclosure requirements: FASB reduces some disclosures

For a deeper discussion on fair value disclosure requirements, please contact:

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