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Uncertainty Reigns Over Taxes Controllers are wary about accounting guidance for uncertain tax positions that was supposed to lessen confusion and varied practices.

Helen Shaw, CFO.com | US
November 7, 2006

FASB insanity

FIN 48 is another indication of how far out of touch the FASB is with the real world. There are other basic reporting issues that they fail to address and, instead, spend time on these hair-brained issues.

What a mess!!!

Posted by | Nov 13, 2006 11:47 PM ET