FASB Consolidation Policy Project Tabled

March 2001
Financial Executive;Mar/Apr2001, Vol. 17 Issue 2, p62
Academic Journal
The article presents an interview of Paul Munter, professor and chairman of the Department of Accounting at the University of Miami, Florida, on the Financial Accounting Standards Board's Consolidation Policy project and its implications. According to Munter, the decision for consolidation is complicated by rule regarding special purpose entities (SPE). Munter explains why the Board has not issued guidelines yet and what the delay means for chief executive officers. He suggested being prepared for new regulations eventually.


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