Select Special Cases in Checkpoint

FASB has identified specific Accounting Standards Updates (ASUs) and/or legacy standards that are subject to a partial or complete deferral of the effective date and are considered unique special cases that require your input.
The standards included under special cases will change from time to time, as FASB adds or removes standards that fall under this category.
The Pending Content System will not function adequately unless you take the time to thoughtfully review each of these special situations. If the provisions are effective for your entity, select
Yes
to incorporate the guidance, otherwise, select
No
and the guidance will not be integrated.
We provide links to the Legacy Standards, ASUs and the Transition Guidance Paragraphs in the Codification to give you easy access to the information you need to determine the applicability of each of these special cases to your entity’s specific circumstances.