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Home » Store » News » FASB Will Delay New Securitization Accounting Rule, But Still Wants Additional Disclosure, and Soon

FASB Will Delay New Securitization Accounting Rule, But Still Wants Additional Disclosure, and Soon

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The Financial Accounting Standards Board this week decided to postpone for one year the implementation of its controversial change in accounting rules for mortgage and asset securitization, in a concession to widespread industry concerns. However, the accounting group will go ahead and issue a FASB staff position paper, or FSP...
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