Shutdown, possible default could affect valuation, impairment

10/10/2013 | Compliance Week

If the U.S. defaults on debt, 39% of investors will have confidence in capital markets, according to a survey by the Center for Audit Quality. Even without a default, uncertainty because of the government shutdown and a possible end to Federal Reserve stimulus might require companies to consider the effect on valuation and impairment on financial statements.

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