IASB, FASB Fail To Align Rules

The International Accounting Standards Board and the U.S. Financial Accounting Standards Board to date have failed to align rules on how banks should recognize losses on loans, as urged by the G20 countries.

  • 25 Feb 2013
The International Accounting Standards Board and the U.S. Financial Accounting Standards Board to date have failed to align rules on how banks should recognize losses on loans, as urged by the G20 countries. The failure to reach that goal means investors will have to deal with two sets ...

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