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Paragraph superseded on 06/20/2018 after the end of the transition period stated in Accounting Standards Update No. 2015-07, Fair Value Measurement (Topic 820): Disclosures for Investments in Certain Entities That Calculate Net Asset Value per Share (or Its Equivalent).
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Paragraph superseded on 07/02/2026 after the end of the transition period stated in Accounting Standards Update No. 2022-03, Fair Value Measurement (Topic 820): Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions.
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Accounting Standards Update 2026-03
2029-06-13
2027-12-16
2027-12-16
2027-12-16
2027-12-16
2027-12-16
2027-12-16
2027-12-16
2027-12-16
2027-12-16
2027-12-16
2027-12-16
2027-12-16
2027-12-16
2027-12-16
The following represents the transition and effective date information related to Accounting Standards Update No. 2026-03, Fair Value Measurement (Topic 820): Investment Companies with Equity Securities Subject to Contractual Sale Restrictions:
Effective date and early adoption
  1. a
    For investment companies within the scope of Topic 946, the pending content that links to this paragraph shall be effective for annual reporting periods beginning after December 15, 2027, and interim reporting periods within those annual reporting periods.
  2. b
    Early adoption of the pending content that links to this paragraph is permitted on any date on or after September 9, 2026. That is, the date of adoption shall not precede September 9, 2026. An investment company within the scope of Topic 946 that adopts the pending content that links to this paragraph shall apply it prospectively in accordance with (c) beginning on the date of adoption.
Transition method
  1. c
    An investment company within the scope of Topic 946 shall apply the pending content that links to this paragraph on a prospective basis to all equity securities. Any adjustment as a result of applying the pending content that links to this paragraph shall be recognized as an adjustment to current-period earnings on the date at which the investment company first applies the pending content.
Transition disclosures
  1. d
    An investment company within the scope of Topic 946 that adopts the pending content that links to this paragraph in accordance with (c) shall disclose the amount recognized as an adjustment to earnings in the period in which the entity first applies the pending content.
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