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SEC Invites Comment Ahead Of Its July 9 Fair Value Roundtable June 20, 2008 FEI Summary
On June 20, 2008, the U.S. Securities and Exchange Commission (SEC) announced it invites comment on the following issues to be addressed at its July 9 roundtable on fair value measurement:
- the usefulness of fair value accounting to investors;
- potential market behavior effects from fair value accounting;
- practical experience and potential challenges in applying fair value accounting standards;
- aspects of the current standards, if any, that can be improved; and
- experience with auditors providing assurance regarding fair value accounting.
The SEC noted a final agenda and list of participants and moderators for the roundtable will be announced at a later date.
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