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Accounting Boards Hang on to the Bottom Line
Revising their plan to ditch earnings from the income statement, FASB and IASB issue a proposal to revamp financials. October 16, 2008
Credit Crunch Team in the Works
FASB and IASB are looking for a few good advisors to constitute a rapid-response team for accounting issues stemming from the credit crisis. October 16, 2008
Fair Value Tweaking on a Global Scale
The IASB releases a draft proposal that aims to deliver more fair value disclosures to investors — it's third fair value notice this week. October 15, 2008
Banks to SEC: Overrule FASB Fair-Value Guidance
The American Bankers Association wants the commission to wave aside liquidity risks in mark-to-market accounting. October 13, 2008
Fair Value Guidance to Go Live
FASB nips and tucks its FAS 157 guidance for quick release so companies can use the clarification to file third-quarter results. October 10, 2008
Fair Value: A Matter of Judgment
Comments submitted to regulators criticize FASB's rushed proposal for helping banks apply fair value to financial assets in inactive markets. October 9, 2008
New Tips for Testing Fair Value amid Turmoil
The international standard-setter for auditors gives guidance on reviewing mark-to-market assumptions. October 7, 2008
The Global Fair-Value Fight
The International Accounting Standards Board hunkers down into defensive mode as politicians push to suspend mark-to-market accounting. October 6, 2008
Fair Cop
Fair-value accounting becomes a political issue. October 2, 2008
Coming Very Soon: Fair Value Illustrated
FASB breaks with procedure to push out additional fair value guidance, which it plans to issue by next week. October 1, 2008