Tag:

Fas 115

Latest Headlines

Latest Headlines

Fair value rule left intact

Recall that as part of the massive $700 billion package passed by Congress in October, the SEC was required to study fair value accounting and the role it played in the recent credit market

Banks tout use of FAS 115

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