Appendix A — Fair Value Disclosure Requirements of Other Codification Topics

A.5 ASC 321, Investments — Equity Securities

ASC 321-10

50-2B To the extent that the disclosure requirements in this Subtopic achieve the fair value disclosure requirements described in Section 820-10-50 on disclosing fair value measurement, an entity need not duplicate the related fair value disclosure.

50-3 An entity that applies the guidance in paragraph 321-10-35-2 for equity securities without readily determinable fair values shall disclose all of the following:

The carrying amount of investments without readily determinable fair values
The amount of impairments and downward adjustments, if any, both annual and cumulative
The amount of upward adjustments, if any, both annual and cumulative
As of the date of the most recent statement of financial position, additional information (in narrative form) that is sufficient to permit financial statement users to understand the quantitative disclosures and the information that the entity considered in reaching the carrying amounts and upward or downward adjustments resulting from observable price changes.

Note that the adjustments referred to in ASC 321-10-50-3(b) and (c), as well as the narrative disclosure referred to in ASC 321-10-50-3(d), are based on fair value measurements. See Sections 2.3.2.1.2 and 2.3.2.2.3 for more information.

Confidential and Proprietary — for Use Solely by Authorized Personnel

This publication provides comprehensive guidance; however, it does not address all possible fact patterns, and the guidance is subject to change. Consult a Deloitte & Touche LLP professional regarding your specific issues and questions.