FASB-IASB
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Not Fair
In response to the financial turmoil, EU lawmakers weigh in on fair-value accounting. Not everyone is happy about that. November 3, 2008
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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
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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
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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
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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
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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
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Securitization's Last Throes?
Changes to accounting rules could put loads of assets back on banks' balance sheets. October 24, 2008
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Just in Case: FASB to Clarify Bankruptcy Issues
Amid the credit crunch, FASB releases new exposure drafts on "going concern" and "subsequent event" to clarify the issues. October 20, 2008
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Good News for Joe the Plumber: FIN 48 Is Delayed
FASB votes to postpone the rule for private companies, giving smaller businesses another year to prepare for — and fret about — uncertain tax positions. October 17, 2008
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Rulemakers: Take Politics out of Accounting
A top audit regulator and a former FASB member slam the SEC's timetable for moving U.S. companies to global accounting standards. October 17, 2008
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