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From Lorman Education Services
FASB Statement 157 - Fair Value Update on Corporate Asset Valuation
...he past 12 months we've seen unprecedented turmoil in the financial services industry, capital markets and global economy. Perhaps an overused term, but "perfect storm" seems like an apt descriptor for the economic events of 2008. While implementing changes mandated by FASB 157 could be challenging for companies - and has been in some cases - the rule aims to make it easier to communicate value
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FASB Statement 157 - Fair Value Update on Corporate Asset Valuation
