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FASB Will NOT Delay FIN 48, Considers Implementation Guidance

On Jan. 17, 2007, FASB voted NOT to delay the effective date of FIN 48, “Accounting for Uncertainty in Income Taxes.” However, FASB will consider potential implementation guidance to be drafted by its staff and presented for the board’s consideration at a future meeting, on one particular issue: the definition of “ultimate settlement.” ... more » (FEI members only)

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