A trio of exposure drafts.

• Position: CalCPA News

FASB has issued three separate but related exposure drafts for public comment.

The proposed statements Accounting for Transfers of Financial Assets and Amendments to FASB Interpretation No. 46(R), address amendments to Statement No. 140, Accounting for Transfers and Servicing of Financial Assets and Extinguishments of Liabilities, and to Interpretation No. 46 (revised December 2003), Consolidation of Variable Interest Entities. The proposed Staff Position...