FASB proposes wiggle room on mark-to-market accounting rules

03/17/2009 | CNBC

The Financial Accounting Standards Board is asking for comments on its proposal to allow firms to use their judgment regarding fair-value accounting standards. FASB members said the updated guidance could help boost investor interest in U.S. financial institutions by increasing mark-to-market values. For more information about Monday's FASB meeting, please click here.

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