skip to main content
Language:
Search Limited to: Search Limited to: Resource type Show Results with: Show Results with: Search type Index

FASB Returns to Original Repo Proposal, But Moves to Beef Up Footnote Disclosures

Accounting Policy & Practice Report, 2013-10, Vol.9 (21), p.863

Copyright Bloomberg BNA Oct 11, 2013 ;ISSN: 1558-6642 ;EISSN: 1558-6669

Full text available

Citations Cited by
  • Title:
    FASB Returns to Original Repo Proposal, But Moves to Beef Up Footnote Disclosures
  • Author: Burkholder, Steve
  • Subjects: Accounting ; Exposure drafts ; FASB exposure drafts ; Financial statement notes ; Financial statements ; Repurchase agreements
  • Is Part Of: Accounting Policy & Practice Report, 2013-10, Vol.9 (21), p.863
  • Description: The types of repurchase transactions that figured in the 2011 sinking of MF Global, the giant derivatives broker and investment bank, are to be the relatively narrow focus of accounting rule improvements planned by the Financial Accounting Standards Board (FASB). FASB tentatively decided October 2 that it seeks to improve consistency in front-of-the-books treatment of the "repurchase-to-maturity" transactions at issue, it intends to spell out how those deals would be reported on the balance sheet as secured borrowings. In addition, FASB plans to beef up footnote disclosures for a wider scope of types of financial asset transfers that are accounted for as sales.
  • Publisher: Washington: Bloomberg BNA
  • Language: English
  • Identifier: ISSN: 1558-6642
    EISSN: 1558-6669
  • Source: ProQuest Central
Back to results list
INSPIRE LIBRARY - TON DUC THANG UNIVERSITY (84-028) 37 755 057 Feedback
19 Nguyen Huu Tho St. Dist.7, HCM thuvien@tdtu.edu.vn

Copyright © 2017 INSPIRE LIBRARY - TON DUC THANG UNIVERSITY

Searching Remote Databases, Please Wait