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Corporate & Securities Law

: Representing Investors

FASB Approves Mark to Market Rule Changes

By Keith Griffin

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It?s official. The Financial Accounting Standards Board (FASB) has approved relaxing fair value, or mark to market, accounting rules, a move that gives banks leeway to assign a value to investments based on their own internal model of what the assets might sell for in the future rather than in current market conditions. Revising the accounting [...]

Full post as published by Representing Investors on April 03, 2009 (boomark / email).

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Big FASB Doings on Mark-to-Market Accounting

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