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An SEC committee hopes standard-setters will hold off on extending mark-to-market accounting to the assets and liabilities that rules don't yet cover.
Sarah Johnson, CFO.com | US
May 6, 2008
Apparently it's news to FASB that there is volatility in markets so that mark to market induced volatility requires inappropriate responses. These guy's antics are are getting GAAP a bad name!
Posted by Raymond Darke | May 07, 2008 11:22 am
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