SEC Releases Report on Mark-to-Market
On Dec. 30, 2008, three days ahead of a Congressionally imposed deadline, the U.S. Securities and Exchange Commission released its 211 page SEC study and recommendations on mark-to-market accounting. See also related SEC press release. The formal title of the report is: Report and Recommendations Pursuant to Section 133 of the Emergency Economic Stabilization Act of 2008: Study on Mark-To-Market Accounting. Read here for links to further summaries and analysis.
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FEI Financial Reporting Blog provides highlights from SEC, PCAOB, FASB, IASB, and other regulatory news, including reporting under Sarbanes-Oxley Sect 404. It is written by Edith Orenstein, Director of Technical Policy Analysis at FEI
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