Think Accounting

http://www.bloomberg.com/news/2010-12-02/fasb-to-negotiate-on-fair-value-new-iasb-head-tells-les-echos.html

FASB to Negotiate on Fair-Value, New IASB Head Tells Les Echos The U.S. Financial Accounting Standards Board “is ready to move towards a more balanced approach” on whether to apply fair-value accounting to all financial assets, a position that has threatened convergence with the London-based International Accounting Standards Board, Les Echos said, citing IASB…

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