FEI Responds To FASB On Proposed Fair Value, Impairment Guidance
April 1, 2009
FEI Summary

On April 1, 2009 FEI's Committee on Corporate Reporting (CCR) filed comment letters with the Financial Accounting Standards Board on FASB's recent proposals to improve guidance for fair value in inactive markets, and other-than-temporary-impairment (OTTI). FASB is scheduled to vote at its board meeting on April 2 on whether to issue final guidance relating to these two proposals, and whether to make any changes from the proposals based on comment received. Read FEI's comment letters, and other comment letters, linked below.

FEI CCR letter to FASB on Proposed FSP FAS 157-e,  Determining Whether a Market Is Not Active and a Transaction Is Not Distressed (See the Proposed FSP; comment deadline April 1.) (See all the related comment letters posted by FASB so far.) 

FEI CCR letter to FASB on Proposed FSP FAS 115-a, FAS 124-a and EITF 99-20-b, Recognition and Presentation of Other-Than-Temporary Impairments. (See the Proposed FSP; comment deadline April 1.) (See all the related comment letters posted by FASB so far.)