FASB ASC Guide > FASB ASC 946
The Financial Accounting Standards Board (FASB) released Accounting Standards Codification 946 (ASC 946) to address broad information related to financial service investment companies. As companies located within the investment company sector need to address certain specific concerns of investors and customers, the FASB designated certain standards to be followed for these companies. This seeks to add transparency for those users of the financial statements involved.
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