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02 Dec 08
Has the Crisis Ended the Fair-Value War? - Accounting - CFO.com
Events have finally overtaken the debate on mark-to-market accounting, leaving previous rivals clinging together to the Financial Accounting Standards Board's controversial standard on fair-value measurements like shipwreck victims to a raft at sea, the drama unfolding at the Securities and Exchange Commission's final roundtable on fair value Friday seemed to indicate.
18 Nov 08
FASB, IASB say they won’t be rushed by G20 - Financial Week
There is much to do and it is good that FASB isn't prepared to be steam rollered
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The G20 also recommended that accounting standard-setters significantly advance their work to address weaknesses in accounting and disclosure standards for off-balance-sheet vehicles.
28 Feb 08
Critics skewer SEC plan to formalize use of professional judgment - Financial Week
“a lot of people don’t have common sense." This is alarmist tripe. Of course there's plenty of experience available on this one.
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