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Tuesday, October 7, 2008

FASB Issues Details of Clarified Position on Application of Mark to Market Rules

The FASb has released their detailed position clarifying the application of FAS 157. The full texis here: Proposed FASB Staff Position 157, Fair Value Measurements

at 4:29 PM

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About Me

Malcolm McKay: This blog shares information on current issues in accounting and financial reporting. I am Director, Technical Accounting at Agrium Inc., a global producer and marketer of $12-billion in annual revenues from agricultural nutrients, industrial products and specialty products, and retail supplies of agriculture products and services in North and South America, Europe and Africa. And a great place to work! This blog follows these principles: #1) Good conduct and accuracy in posts. #2) Respect for readers of the blog. #3) I am speaking for myself and not my employer. Unless indicated to the contrary, this blog does not reflect the views of Agrium Inc. or its owners or employees and is the opinion of the writer only. #4) Respect copyright and fair use. Most of the content of this blog is the work of others. I give credit where due by linking to the author of a statement or passage. #5) This blog contains only information available in the public domain. I do not comment on or reveal any confidential matters. #6) I do not use ethnic slurs, insults, or obscenity. #7) I always try to add to a discussion constructively and add value.

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