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Author Topic: FASB may delay new offsheet balance rules  (Read 412 times)

Atash Hagmahani

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FASB may delay new offsheet balance rules
« on: July 29, 2008, 04:21:36 PM »
http://www.reuters.com/article/marketsNews/idINN2849132320080728?rpc=44

Quote
By Emily Chasan
 
 NEW YORK, July 28 (Reuters) - The Financial Accounting Standards Board, under pressure from lawmakers, will reconsider its timeline for a controversial rule change that may force banks to bring trillions of dollars in off-balance sheet assets onto their books at its Wednesday meeting.

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