Sunday, August 13, 2006

FASB Pops the Questions


The 2006 survey of FASB's advisory group asks whether domestic concerns trump international convergence.

Required summer reading: Once, that meant dragging a sandy, Coppertone-stained copy of Homer's Iliad to the beach in final summer weeks before school — and Classic Lit 401 — started up again. If members of the Financial Accounting Standards Board's Advisory Council (FASAC) thought those days were long gone, think again.

Their August assignment: Answer FASB's "Priorities of the Financial Accounting Standards Board" survey, due back to the board by August 31.

See full Article.