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Full fair value financial instruments proposal is published by IASC, others

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15 Dec 2000

Accounting standards boards in Australia, Canada, Germany, Japan, New Zealand, and the United Kingdom have joined IASC in publishing the Joint Working Group's draft standard on Financial Instruments.

In the United States, FASB is expected to do the same thing late next week. Click for Project Details. Also, an SEC Deputy Chief Accountant urges Full Fair Value Accounting for All Financial Instruments.

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