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Sarbanes-Oxley News & Developments
FASB Delays Bond Accounting RuleBoard expects to issue new guidance to help companies record losses of interest-rate-sensitive debt securities this week.
> > Accounting standard setters have decided to delay the effective date of and provide further implementation guidance for a rule that would require financial institutions to recognize unrealized losses of debt investments from rising interest rates as a hit to earnings.
Source: CFO
Published:2004-09-13
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