FinREC and TIC Respond to FASB?s Proposed ASU on Liquidity and Interest Rate Risk Disclosures

The CPA Advocate: October, 2012.� The AICPA does not believe the proposal will achieve its intended objective and that costs will outweigh benefits for users of private company financial statements.

Source: http://feedproxy.google.com/~r/AICPA_Advocacy/~3/BHuwrM569dQ/FinRECandTICRespondtoFASB?sProposedASUonLiquidityandInterestRateRiskDisclosures.aspx

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