KPMG professionals discuss ASU 2022-03, which will change practice for how certain entities consider sale restrictions in their fair value measurements.
- All entities with investments in equity securities measured at fair value that are subject to a contractual sale restriction
- 00:50 – Background
- 02:35 – Key provisions
- 03:30 – Unit of account discussion
- 04:05 – Effective date and transition
- 05:15 – Different transition guidance for investment companies
- 06:25 – Steps to take now