The international and US accounting standards bodies are both adjusting their mark-to-market rules in favour of politicians and bankers. FASB did it last month. IASB is working on it as quickly as they can. And yet, the two cannot agree on just how far they should bend over backward for the special interests. After pressure […]
Tag: fair value ↓
IASB and FASB can’t get on same page">IASB and FASB can’t get on same page
May 24th, 2009 · No Comments
Category: Accounting Standards
Tags: EU, fair value, FASB, financial instrument, IASB, IFRS, mark-to-market, politics, USA
FASB’s new man talks advanced accounting topics">FASB’s new man talks advanced accounting topics
July 9th, 2006 · No Comments
The accounting standards setting group in the United States is known as the Financial Accounting Standards Board (FASB) and consists of seven board members who are appointed to five year terms. The most recent appointment was Thomas J. Linsmeier, and CFO.com has a pretty good interview with him on some of the issues currently facing […]
Category: Accounting
Tags: convergence, fair value, FASB, GAAP, IFRS, lease, standards
