"A Look at Each Side of the Ongoing Debate on Whether Fair Value Accounting Rules should have been Modified?"
- Arguments in favor & against of the changes
- What is your opinion? Do you believe the FABS should have made the changes on 4/2/09 resulting in a probable decrease in asset write-downs?
- What do you believe some of the key issues will be now that the announcement has occurred?© BrainMass Inc. brainmass.com March 4, 2021, 10:33 pm ad1c9bdddf
Traditionally Balance Sheet was prepared at cost based on the historical cost concept. However, with the introduction of FAS 157 fair value method of reporting financial statements became ...