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FASB On Going Concern, Subsequent Events, FAS 140

At its May 30, 2007 meeting, FASB added a project on going concerns/liquidation basis, discussed its subsequent events project, and directed its staff to consider a Linked Presentation model as an alternative to the QSPE model in FAS 140, as part of its discussion of an upcoming ED amending FAS 140 and a related FSP on repurchase finance arrangements.... more » (FEI members only)

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