FASB Will Approve New Rules on Off-Balance Sheet Accounting by June, Chairman Says | Practical Law

FASB Will Approve New Rules on Off-Balance Sheet Accounting by June, Chairman Says | Practical Law

An update on changes planned by the Financial Accounting Standards Board (FASB) to FAS 140, Accounting for Transfers and Servicing of Financial Assets and Extinguishments of Liabilities, which governs off-balance sheet accounting.

FASB Will Approve New Rules on Off-Balance Sheet Accounting by June, Chairman Says

Practical Law Legal Update 1-386-0303 (Approx. 2 pages)

FASB Will Approve New Rules on Off-Balance Sheet Accounting by June, Chairman Says

by PLC Corporate & Securities and PLC Finance
Published on 01 May 2009USA (National/Federal)
An update on changes planned by the Financial Accounting Standards Board (FASB) to FAS 140, Accounting for Transfers and Servicing of Financial Assets and Extinguishments of Liabilities, which governs off-balance sheet accounting.