RSS Feed by Calculated Risk on 9/30/2008 04:09:00 PM
Tuesday, September 30, 2008
FASB, SEC to Issue Accounting Guidance
From Bloomberg: SEC, FASB Said to Issue Guidance on Fair-Value Accounting Rules
The SEC may say companies can rely more on assumptions ...in assessing how much assets are worth ... The SEC and FASB will probably [NOT] suspend the accounting rules ...More work for accountants.
