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FASB ASU 2016-01 — Recognition and Measurement of Financial Assets and Financial Liabilities

Foundational amendment source for Topic 321 equity security measurement and selected financial instrument presentation.

Authority and currency

About this authority

Publisher
Financial Accounting Foundation
Standing
Primary authority
Version
ASU 2016-01
Relevant parts
Summary, Topic 321 amendments, and transition provisions
Currency
superseded · checked Aug 8, 2026

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The update helps explain why ordinary in-scope equity securities no longer use the former trading or available-for-sale classification model. Current Topic 321 controls the actual period conclusion.