JONES SAYS THE IASB AND FASB WILL WORK CLOSELY TOGETHER OVER FAIR VALUE ACCOUNTING IN THE USA
October 1st, 2008
BY SARAH BROWN
THOMAS Jones, the British vice chairman of the International Accounting Standards Board (IASB) has told Accountancy Age that his organisation would be working closely with the United States' Financial Accounting Standards Board (FASB) to work toward a cohesive response to concerns about fair value rules.
His comments followed his attendance at a panel of financial professionals yesterday before the US Securities and Exchange Commission in Washington DC to discuss the contentious issue of fair value accounting, which has been blamed by some for ...
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