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Revised Fair-Value Rule Is Weaker: Moody's
It's harder for investors to compare banks' financial statements now that IAS 39 lets them decide whether to reclassify "held for sale" assets as "held to maturity," the rating agency says. November 14, 2008
"Spineless?" UK Pressure Targets Fair Value Weakening
IASB's independence is questioned at a Parliamentary hearing today, as politicians look to soften mark-to-market accounting. November 11, 2008
IFRS Back on Track?
The SEC is expected to publish its timetable for switching from GAAP to IFRS on Friday. But the plan, first proposed in August, will be released into a radically different economic and political environment. November 6, 2008
Will a Single Accounting Standard Help?
Standard-setters are keen on driving the world toward a single set of rules, but Moody's contends that reporting in IFRS doesn't necessarily help comparability. November 6, 2008
In response to the financial turmoil, EU lawmakers weigh in on fair-value accounting. Not everyone is happy about that. November 3, 2008
London Calling: First Accounting Roundtable Announced
IASB and FASB plan to hold the first of three meetings on financial reporting during the credit crisis on November 14. November 3, 2008
Undaunted: Global Fair-Value Guidance Evolves
In the face of harsh critics, the IASB releases a how-to document on fair-value accounting that tackles some thorny issues. October 31, 2008
Profit, Not Loss, Thanks to Fair Value Tweak
Deutsche Bank earns $530m after the IASB adjusts a fair value rule, changing a $2.5b writedown to $1.5b. October 30, 2008
Fair-Value Fight Packs a Punch
Tomorrow's SEC roundtable will pit banks, accountants, rule-makers, and investors in a slap-fest over the virtues and ills of FAS 157. October 28, 2008
Fair Value: Lousy, But What's the Alternative?
IASB's Thomas Jones sounds off about fair value for financial instruments, and defends the idea of mark-to-market accounting. October 27, 2008