The US Financial Accounting Standards Board (FASB) has proposed an update to fair value measurement.
The proposal seeks to indefinitely defer the effective date for certain disclosures about investments held by a non-public employee benefit plan in the plan sponsor’s own equity securities.
The purpose of the deferral would be to allow time for discussions between regulators and stakeholders about specific quantitative disclosures and the potential effects of making that information public.
The proposed deferral would be effective upon the issuance of the final update, which is expected to be issued in June 2013
The FASB has requested stakeholders provide comments on the proposal by 31 May 2013.