BBA Backs Compromise On Fair Value Accounting

15 Apr 2009

The British Bankers’ Association has given its support to the existing mixed-measurement model for financial reporting, and is urging international accounting boards to deal with the valuation and impairment of available-for-sale financial assets, the inability to reclassify instruments subject to fair value, and embedded derivatives.

--High Leask & Rob McGlinchey

The British Bankers’ Association has given its support to the existing mixed-measurement model for financial reporting, and is urging international accounting boards to deal with the valuation and impairment of available-for-sale financial assets, the inability to reclassify instruments subject to fair value, ...

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