Entries tagged "FAS 157"
As the Securities and Exchange Commission prepares for yet another roundtable discussion on fair value or mark-to-market accounting, Robert Denham, chairman of the Financial Accounting Foundation, is urging SEC Chairman Christopher Cox (pictured) to reject any attempt to suspend the accounting rule. ...
In its April 21 cover story, The Deal weighs in on FAS 157 and how mark-to-market accounting is forcing private equity firms to grapple with many of the same pressures weighing on public companies. Fish & Richardson's Joseph W. Bartlett, a frequent Deal contributor, examined in January the "combustible atmosphere" brewing for private equity and for buyout and hedge funds in particular. Bartlett put forth two arguments examining the movements in place aimed at taming the excesses of private equity, and he argued tactics, including FAS 157, to limit it have been excessive.Read The Deal newsweekly: Decisions decisionsRead Bartlett's Jan....
