Blogs1 - 1 of 1 recent posts for tag:"International Accounting Standard"
14
Dec
2008
Banks tout use of FAS 115  

203 days ago by Jim Kim

The debate over FAS 157 has segued into a debate over the use of FAS 115. Big banks, frustrated that they are still required to comply with mark-to-market rules, are starting to push for the use of FAS 115, which applies to impaired securities, reports Bloomberg. Citigroup has offered an example of ...

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