We use cookies to customise content for your subscription and for analytics. If you continue to browse Lexology, we will assume that you are happy to receive all our cookies. For further information please read our Cookie Policy.
Yesterday, the Financial Accounting Standards Board (FASB) voted to adopt changes to its fair value accounting standard FAS 157 in response to over 600 "comment letters received on FSP FAS 157-e, Determining Whether a Market Is Not Active and a Transaction Is Not Distressed
Yesterday, the House Committee on Financial Services, Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises held a hearing entitled "Mark-to-Market Accounting: Practices and Implications."
