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Financial Accounting Standards Board

'Stealth Bankers Bomb As Anti-Reform Crusaders' | Jonathan Weil | Posted 05.25.2011 | Business

Last week Bloomberg News reported that the American Bankers Association had started a campaign to mobilize investors against an accounting-rule propos...

Minding the Sustainability GAAP

Janet Ranganathan | Posted 05.25.2011 | Business
Janet Ranganathan

The global environmental crisis, including climate change, isn't just a problem for "greens." It also creates significant financial risks for companies and their investors.

FDIC: New Accounting Rules That Would Move | FLOYD NORRIS | Posted 05.25.2011 | Business

Did accounting help cause the financial crisis? A minuet playing out now is showing that the answer is yes -- but not in the way the banks want us to...

Ryan Grim

Civil War In Corporate America: Banks Battling The Chamber On Accounting Rules | Ryan Grim | Posted 05.25.2011 | Business

Amid the ongoing financial regulation overhaul, the banking industry is hoping to pull off a quiet power grab that has eluded its grasp since the Grea...

Ryan Grim

Accountants, Washington Helping Banks Fluff Profits | Ryan Grim | Posted 05.25.2011 | Business

Look for another rosy round of profits when banks turn in their numbers for the second quarter ending in June when it will be legal for them to improv...

Marked-to-Market Environment

Will Wilson | Posted 05.25.2011 | Green
Will Wilson

Hopefully President Obama's EPA will consider the environment's broader and longer-term values better than the Bush administration's EPA if it continues to use cost-benefit analyses.

Mark-To-Market Accounting Changes Made

Reuters | Posted 05.25.2011 | Business

WASHINGTON (Reuters) -- U.S. accounting rulemakers on Thursday agreed to make adjustments to a proposal to change mark-to-market accounting rules conc...

Ryan Grim

New Rule Would Allow Banks To Choose Values Of Their Assets | Ryan Grim | Posted 05.25.2011 | Politics

The Financial Accounting Standards Board quietly buckled to banking-industry pressure last week and proposed new accounting practices that would allow...