FASB Close To Off-Balance Sheet Revisions

The Financial Accounting Standard Board is said to be close to finalizing revisions to rules governing off-balance-sheet accounting.

  • 30 Apr 2009
The Financial Accounting Standard Board is said to be close to finalizing revisions to rules governing off-balance-sheet accounting. The new rules would go into effect next year, according to Robert Herz, chairman of the FASB. Last July, banks successfully lobbied the FASB to put off enacting the rules ...

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