TITLE

CCR Polls Members On FIN 46 Deferral

PUB. DATE
November 2003
SOURCE
Financial Executive;Nov2003, Vol. 19 Issue 8, p61
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
This article focuses on the issue of accounting for variable-interest entities in the U.S. The author examines the decision of the Financial Accounting Standards Board (FASB) to defer the adoption of FIN 46 and discusses what this will mean for U.S. corporations. The regulation deals with the consolidation of Variable Interest Entities and the author also examines the results of a survey on how companies were reacting to the adoption conducted by the Financial Executive Institute. The author adds that with many companies reporting that they will delay adoption until the fourth quarter the FASB may release additional guidance.
ACCESSION #
11546550

 

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