A dear colleague found this on YouTube the other day — an actual FAS 159 rap. For those of you who aren’t accounting geeks, FAS 159 is the fair-value option that was the foundation for the mark-to-market brouhaha we’ve been forced to hear about for about the past 12 months.
You know you wish *your* accounting assignments were like this
Most Popular Articles
Latest Articles
Selling your home to a family member in 5 easy steps
Selling your home to a family member can be beneficial but requires careful planning and transparent communication. Follow these five steps to ensure a smooth transaction, from agreeing on logistics and assembling a professional team to determining your home’s value and understanding tax implications.
-
FOA reverse stock split goes into effect, appears to have intended impact
-
Senate Aging Committee leaders introduce bill on aging in place
-
HousingWire Pulse: Respondents show cautious optimism about the Q3 housing market
-
US Senate committee approves full funding for Ginnie Mae
-
Connecticut Senator asks HUD for answers on backlog of discrimination complaints
