Interpreting | 2012.01.13
FASB Standard on Uncertain Income Tax Positions Generally Achieved Its Purpose, FAF Review Team Concludes
NORWALK, Conn.--(BUSINESS WIRE)--A 2006 accounting standards interpretation intended to increase relevance and comparability in reporting information about income tax uncertainties generally achieves that purpose, although some stakeholders believe the standard could be improved. That was the overall conclusion of the first formal “post-implementation review” of an accounting standard set by the Financial Accounting Standards Board (FASB) under a new review process established by the Financial A
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