Financial instruments improvements

At the end of February, the FASB Issued Accounting Standards Update 2018-03, Technical Corrections and Improvements to Financial Instruments – Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities. These corrections and improvements arise from the FASB’s ongoing work across its Codification of standards and generally such changes would be subsumed into the Codification improvements project. However, in this case, the FASB has published them separately to give them more prominence for stakeholders. The amendments are all minor.