FASB Releases Invitation to Comment on Disclosure Framework

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On Thursday, July 12, FASB released an Invitation to Comment on the Disclosure Framework. Comments on the Invitation to Comment, a document - similar to an SEC or PCAOB "Concept Release" - that precedes a potential Proposed Accounting Standard Update (or proposed rule, respectively) are due by Nov. 16, 2012.

Read more in FASB's press release and in this 2 page summary issued by FASB, called FASB in FOCUS.

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