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FASB Extends Comment Period For Proposed Disclosure Rules

By Bruce Nye

    It seemed as though about half the fifty letters written so far to the Financial Accounting  Standards Board on its proposed revision to corporate contingency disclosure standards were requests to extend the comment period.  Given the complexity of the new rules and their importance to companies, their law departments and their outside counsel, thirty days in the middle of summer seemed pretty ridiculous.    So the FASB has indeed extended th read more

Full post as published by CalBizLit on August 19, 2010 (boomark / email).