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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.
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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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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.
more fromwww.financialweek.com
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