Proposed Fair Value Exposure Drafts

    On June 29, 2010, the FASB released an exposure draft related to Accounting Standards Update Topic 820 (formerly known as SFAS 157) – Amendments for Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRSs. The FASB is accepting comments on the revision until September 7, 2010. In conjunction with FASB’s draft, the International Accounting Standards Board also released a revision of its exposure draft – Measurement Uncertainty Analysis Disclosure for Fair Value Measurements.