Robert Denham the Chairman of the Financial Accounting Foundation has written a letter to Congress in response to calls for suspension of FASB Statement 157 dealing with "Fair Values"
The letter makes the case for independent setting of financial reporting standards.
Watch the FASB site for more fair value guidance - coming very soon!
UPDATE
The FASB has issued 157-d on fair values for comment see the FEI blog report.
Showing posts with label FAF FASB Fair Values. Show all posts
Showing posts with label FAF FASB Fair Values. Show all posts
Friday, October 3, 2008
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