Companies in the construction industry that regularly require projects to be bonded may also experience FIN 48's sting. Bonding companies have strict requirements related to a company's mix of assets and liabilities, says Nagler.
"The deferral is good news for smaller companies" because it gives them time to work out their FIN 48 analyses and prepare for the balance-sheet implications of the rule, says Henley. At the same time, adds Victor, the deferral "is just postponing the inevitable."
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