A briefing document about the financial instruments proposal entitled FASB In Focus is also available at the website, along with a “podcast” featuring an in-depth audio interview with FASB Chairman Robert Herz about financial instruments. The FASB will also be hosting a livewebcaston the financial instruments proposal on June 30.
The comment deadline on the two proposals is September 30. FASB seeks input from all of its constituents, including preparers, auditors, investors and others. Read more commentary on the fair value proposal here.