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Jeremy Newman

Entries by Jeremy Newman

Growth, Jobs and Stability: The Role of the Accounting Profession

(42) Comments | Posted April 16, 2009 | 11:56 AM

Last week in a panel debate broadcast on ABC, Arianna Huffington called the decision by the Financial Accounting Standards Board (FASB) to suspend mark-to-market "absolutely tragic." The issue Arianna identifies resonates with the implications of the actions agreed at the recent G-20 meetings in Washington and London. One...

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Fair Value Accounting Is Back -- Was It Here All Along?

(4) Comments | Posted March 4, 2009 | 12:25 PM

In an interview with the FT earlier this week Frank-Walter Steinmeier, the Social Democrat candidate to be the next German Chancellor, has a new take on Fair Value Accounting. He criticized it and said it had encouraged risk taking and "pumped up balance sheets in ways that did not reflect...

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