Showing posts with label Mark to Market. Show all posts
Showing posts with label Mark to Market. Show all posts

Friday, September 4, 2009

Name Change for FAS 157

The Wall Street Journal Blog recently wrote about the name change for FAS 157. It will now be known as Topic 820. This rule currently requires companies mark their assets to market every quarter. With the old rule, the assets were held at cost. Read more about the name and rule change here.