Did the M2M accounting rule, as defined in the 2007 FAS 157, cause the panic of 2008?
In March 2009 the House of Representatives made clear its displeasure with the mark-to-market accounting rule, which was substantially modified.
FORBES: Steve Forbes: Why Most Government Leaders Are Sinking The Global Economy
So to satisfy the accounting rule, all the adjustment in the private-sector deficit had to be accommodated by a rise in the budget deficit.
Corporations became heavy sellers of auction rate securities last year even before the credit crisis, because of accounting rule changes that made them less advantageous.
"To assist the committee, I would like to focus on one particular factor, the role played by one accounting rule applied to corporations, " Sullivan told lawmakers.
In 2008-09 already troubled U.S. banks were being battered by a recently reenacted, arcane accounting rule that was gratuitously destroying the book value of bank capital.
FORBES: Steve Forbes: Why Most Government Leaders Are Sinking The Global Economy
Hologic, like many employers, had moved to a safe harbor ESPP with reduced benefits after accounting rule changes in 2006 required companies to recognize a compensation expense for ESPPs.
An even bigger threat is a proposed new accounting rule that would require banks to "mark to market" any loan commitments that can be traded in the secondary market.
Changes are required in the VC industry to include alternate fund structures, improved performance measures, standardized data reporting, and a focus on long-term results by reconsidering accounting rule FAS 157.
Global accounting rule makers proposed a change that would prompt non-U.S. banks to book losses on bad loans more quickly, though it wouldn't be as quick as U.S. banks may have to.
Berkshire's book value per share the measure of net worth that Mr. Buffett prefers as a yardstick to earnings, which he views as too volatile and subject to the whims of accounting rule makers increased 14% in 2012.
Since 2002, when an accounting-rule change ended that practice, goodwill has had to be tested every year for impairment.
ECONOMIST: Companies that paid too much for a competitor count the cost
They blame a bookkeeping rule known as mark-to-market accounting a rule that regulators may soon change.
But, as more and more American companies revise their earnings, it appears that greed and dodgy accounting have been the rule and not the exception in corporate America.
That plus market-to-market accounting, no short uptick rule, and no ban on naked short-selling, led to the avalanche.
Behavioral finance has a good explanation of this rule concerning mental accounting, which causes individuals unlike traditional accounting to treat dollars gained in financial markets differently than dollars earned from income or other sources.
Rule changes at Financial Accounting Standards Board and the SEC in 2007 tilted the investment field crazily to the advantage of short sellers from November 2007 until April this year.
On April 2nd, after a bruising encounter with Congress, America's Financial Accounting Standards Board (FASB) rushed through rule changes.
Leaders from Germany, France, Great Britain and Italy vowed over the weekend to revamp regulations of their financial sectors and loosen accounting rules, such as the mark-to-market rule.
The basic standard rule was that nothing was ever subject to Russian law, accounting or legal systems.
Which is why the Financial Accounting Standards Board (FASB) should hold its horses and pull back from enacting a rule that would require publicly traded companies to expense stock options.
What turns this shift from demographic accounting to a social question is the pursuit-of-happiness factor: as a rule, do people live alone because they want to or because they have to?
应用推荐