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Corporate Governance

: The Datakos Blawg

FASB Delays Lawsuit Disclosures ? The board responds to companies? distaste for its proposed rule on contingent liabilities

By Rick Wolf

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Sarah Johnson - CFO.com The Financial Accounting Standards Board has changed the deadline for when companies would have been required to provide new disclosures about their contingent liabilities under a controversial proposal. Companies with a calendar fiscal year-end had been expected to comply with the rule in mid-December. At a board meeting today, FASB pushed off [...]

Full post as published by The Datakos Blawg on October 16, 2008 (boomark / email).

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