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ARTICLE · 05 FEBRUARY 2013

On The Horizon - January 29, 2013

Grant Thornton LLP
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The FASB Board discussed the following topics related to proposed changes to the guidance for accounting by investment companies.

United StatesAccounting and Audit
Grant Thornton'S Audit Practice Group
Grant Thornton'S Audit Practice Group
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FASB discusses proposed changes to investment company guidance

All decisions reached at Board meetings are tentative and may be changed at future meetings. Decisions are included in an Exposure Draft only after a formal written ballot. Decisions reflected in Exposure Drafts are often changed in redeliberations by the Board based on information received in comment letters, at public roundtable discussions, and from other sources. Board decisions become final after a formal written ballot to issue a final Accounting Standards Update.

At its January 23 meeting, the Board discussed the following topics related to proposed changes to the guidance for accounting by investment companies.

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