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  • SEC: Fair Value's Savior

    In a report to Congress, the commission defends mark-to-market accounting but expects standard-setters to better explain how to implement the rules. December 31, 2008

  • Global Crisis Group Offers Integrity Backstop

    U.S. and international accounting standard-setters form a monitoring body to help the industry cope with future political storms. December 31, 2008

  • Rulemakers Launch Revenue-Recognition Makeover

    The accounting boards aim to make a dent in a mile-high stack of problems facing companies in terms of reporting sales that are linked to customer contracts. December 22, 2008

  • Merger Guide for the Perplexed

    On the heels of launching its new merger rule on contingent losses, FASB slaps on a "Band-Aid" that raises questions with lawyers. December 17, 2008

  • Happy New Year, Global Accounting

    Though it's a little early for cork-popping, IASB chairman David Tweedie talks about what's ahead for global accounting — and offers resolutions geared to holding fast against political pressure in 2009. December 10, 2008

  • Banker: Volatility Is Reality

    Newly appointed bank CEO Gerrit Zalm, who also chairs the trustees of the International Accounting Standards Board, says that the credit crisis is a regulatory problem, not an accounting one. December 5, 2008

  • G-20 Verdict on Fair Value: Innocent

    The world's top finance ministers say that excessive risk-taking and sloppy judgments caused the crisis. November 17, 2008

  • IFRS Requires a Soft Touch

    If American companies plan on moving to IFRS, their financial statement preparers will require less technical training and more instruction on "soft skills." November 17, 2008

  • Wrinkles in the IFRS Roadmap

    The SEC wants some of the largest U.S. companies to adopt international rules early, but limitations and uncertainty in its plan could diminish those hopes. November 17, 2008

  • SEC: Early IFRS Adoption Will Cost Firms $32M

    The regulator releases its roadmap for transitioning U.S. companies to international accounting rules, and estimates the costs. November 17, 2008

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