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UPCOMING EVENTS

 
 
2014 RDC Summit
Sept. 30 - Oct. 2
Las Vegas
 
PayThink (formerly ATM, Debit & Prepaid Forum)
October 20-22
JW Marriott Desert Ridge
Phoenix
 
Money20/20
November 2-6
Aria
Las Vegas
 
ABA National Agricultural Bankers Conference
November 9-12
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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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