SFAS 157 and Benefit Plans: Fair Value Measurements
In September 2006, the Financial Accounting Standards Board (FASB) issued Statement of Financial Accounting Standard (SFAS) 157, “Fair Value Measurements.” SFAS 157 established a consistent framework for measuring fair value under generally accepted accounting principles (GAAP). Have you considered what your responsibilities under SFAS 157 are as a plan sponsor of an employee benefit plan? Mike Renzelman provides an update on this topic.
SEC's Report to Congress on Mark to Market Accounting
Last month, I posted a column following my participation at the SEC Conference in Washington D.C. New information continues to evolve since the conference,
FAS 159: The Fair Value Option
Statement of Financial Accounting Standards (FAS) No. 159 – The Fair Value Option for Financial Assets and Liabilities FAS 159 is effective for fiscal
Postcard from the AICPA Conference
At the AICPA National Conference on Current SEC & PCAOB Developments (the Conference) held in Washington, D.C. December 8 – 10, 2008, Chairman