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FASB Votes To Modify Guidance On Deferral Of FIN 48 For Private Companies

At its Jan. 23, 2008 board meeting, FASB voted to clarify the scope of its proposed deferral of the effective date of FIN 48 for private companies. The board also agreed to modify the effective date of the deferral, and noted early adoption of FIN 48 will still be permitted. FASB will proceed to a ballot draft of the final FSP.... more » (FEI members only)

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