Updates – FASB – 31 Jan 09

Financial Instruments – FASB Discusses Financial Instruments with Characteristics of Equity and other matters The FASB met on January 28, 2009, and discussed the following items: -Financial instruments with characteristics of equity; -Implementation of FASB Statement No. 140, Accounting for Transfers and Servicing of Financial Assets and Extinguishments of Liabilities; and -Reconsideration of FASB Interpretation [...]