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Home » Store » News » FASB Encouraged to Take a Snail’s Approach to Changing FAS 140

FASB Encouraged to Take a Snail’s Approach to Changing FAS 140

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Fear over the impact of proposed changes to accounting rules for mortgage and asset securitization continued to intensify this week as Wall Street urged the Financial Accounting Standards Board not to rush development of the new standard. At the request of the Securities and Exchange Commission, FASB is in the final stages of drafting a revised Financial...
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