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Proposed Accounting Standards Update Issued: June 27, 2012, Comments Due: September 25, 2012Financial Instruments (Topic 825)Disclosures about Liquidity Risk and Interest Rate Risks Exposure Draft
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Financial instruments topic 825 covers the accounting for financial instruments.
Companies that have financial instruments as part of their operations are required to file financial instruments topic 825.
Financial instruments topic 825 should be filled out following the guidelines provided by the accounting standards board.
The purpose of financial instruments topic 825 is to ensure transparent and accurate reporting of financial instruments on financial statements.
Information such as the fair value, classification, and accounting treatment of financial instruments must be reported on financial instruments topic 825.
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