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FASB To Address FAS 140, FIN 46R Amendments; Fair Value Discussed On Webcast

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FASB To Address FAS 140, FIN 46R Amendments; Fair Value Discussed On Webcast

June 2, 2008
FEI Summary

 

On June 2, 2008, Financial Accounting Standards Board (FASB) Chairman Robert Herz, speaking on an FASB webcast, “The Crisis in the Credit Markets: Causes, Reporting Issues, and Responses,” stated that FASB will proceed at board meetings this week and next week with its amendments to FAS 140 and FIN 46R relating to securitizations, special purpose entities and asset transfers. Further details are in this FEI summary.

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