October 27, 2008

On October 27, 2008, NASBA, on behalf of its 55 boards of accountancy, sent a Letter of Comment to the United States Securities and Exchange Commission in response to the current discussions about fair value accounting. We request your attention to this letter expressing caution and careful deliberation and due process involving any change in the fair value principle. In the Letter, NASBA encourages Congress, the SEC and stakholders to withstand the temptation of a “Quick Fix” to fair value accounting.

See Full Document:
NASBA Fair Value Latter of Comment

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