Accounting-rule makers fail to come together on fair value:
Members of the International Accounting Standards Board met recently with members from the Financial Accounting Standards Board to discuss fair-value rules, but the rule makers have yet to come to an agreement on a proposal to expand the regulations. The board members did say, however, that if their final standards differ, they will look into ways to make it easier for investors to make comparisons.
Reuters | 10/26
This story published in IFRS Report on 11/05/2009
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