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UPCOMING EVENTS

 
EMERGE: The Forum on Consumer Financial Services Innovation
June 2-4
Hyatt Regency Century Plaza
Los Angeles
 
Digital Banking Summit
June 2-4
Hyatt Regency Century Plaza
Los Angeles
 
2014 RDC Summit
Sept. 30 - Oct. 2
Las Vegas
 
ATM, Debit & Prepaid Forum
October 19-22
JW Marriott Desert Ridge
Phoenix
 
Money2020
November 2-6
Aria
Las Vegas
More events >  

Proponents of Mark-to-Market

Don't Blame Mark-to-Market for Banks' Problems: Jonathan Weil
Bloomberg.com
Myth No. 1: The rules known as Financial Accounting Standard No. 157 are to blame.


Joint Statement of the Center For Audit Quality, The Council of Institutional Investors and the CFA Institute opposing suspension of  mark-to-market accounting
Center For Audit Quality
Suspending fair value accounting during these challenging economic times would deprive investors of critical financial information when it is needed most.


Mark-to-Market Isn’t to Blame
Blaming fair-value accounting for banking misadventures is like criticizing the newspaper for reporting a murder.


Financial Accounting Foundation
In a letter to Barney Frank, chairman of the House Financial Services Committee, FAF Chairman Robert Denham said, “Effective accounting standards are only achieved when the standard-setting process is independent and free of undue political influence.”


In Defense of Mark-to-Market Accounting
Fox Business
Poor mark-to-market accounting. Lots of politicians, policy analysts and pundits are blaming it for our financial meltdown. To rescind the rule entirely makes no sense, and leaves open a path back to Enron-style accounting.

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