FASB proposal may simplify derivatives accounting

02/23/2006 | Wall Street Journal, The

The Financial Accounting Standards Board is proposing a slight change to derivatives accounting that may streamline the way companies satisfy the requirements of FAS 133. The change would not alter FAS 133, but rather broaden the array of instruments under which companies could utilize current market prices, also known as "fair values," when calculating results.

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Wall Street Journal, The

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