FASB considers expanding mark-to-market accounting

08/13/2009 | Wall Street Journal, The · Reuters

Although many financial assets are required to follow mark-to-market accounting rules, the Financial Accounting Standards Board is considering expanding the regulations to loans and other instruments. "It's a controversial idea, and there's an awful lot of process ahead," said Neal McGarity, a representative of the FASB. "We're technically not even at square one yet."

View Full Article in:

Wall Street Journal, The · Reuters

Published in Brief: