FASB issues final guidance on fair-value measurements and impairments

04/10/2009 | WebCPA · JournalofAccountancy.com

The Financial Accounting Standards Board released the final versions of three staff positions on fair-value accounting rules. The staff positions, which reflect comments the FASB received during the exposure period, are aimed at improving guidance and disclosure. "The issuance of these final FSPs follows a period of intensive and extensive efforts by the FASB to gather input on our proposed guidance," FASB Chairman Robert H. Herz said.

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WebCPA · JournalofAccountancy.com

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