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: Point of LawFASB chairmans defends contingency reporting
By Carter Wood
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There's been quite a bit of critical attention paid here to the Financial Accounting Standard Board's proposal to require expanded reporting of contingent liabilities, "Disclosure of Certain Loss Contingencies--an amendment of FASB Statements No. 5 and 141(R)." So it seems...Full post as published by Point of Law on August 18, 2008 (boomark / email).
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