Accounting Standards Update · 2010
ASU 2010-08 — Technical Corrections to Various Topics
From time to time, the Board reviews its standards to determine if any provisions in U.S. generally accepted accounting principles (GAAP) are outdated, contain inconsistencies, or need clarifications to reflect the Board's original intent. The amendments in this Update eliminate those inconsistencies and outdated provisions and provide the needed clarifications. The related changes to U.S. GAAP are generally nonsubstantive in nature.
Issued: February 2, 2010
Text as published in the FASB Accounting Standards Codification, Basic View.