Thursday, February 19, 2009

FAS 5 Update: Roundtable Meeting On March 6

We've posted before about the Financial Accounting Standard Board's proposal to revise how the accounting rules deal with loss contingencies, such as pending litigation. (Our most recent post on that subject was back in December. An earlier post was here.)

FASB has now announced that its roundtable meeting on contingencies will take place on Friday, March 6, 2009, at the FASB offices located at 401 Merritt 7, Norwalk, CT. Seating is available to members of the public on a first-come, first-served basis. The morning session will be from 9–11:30 a.m. and the afternoon session will be from 2–4:30 p.m. If you are unable to observe the meeting in person, the roundtable sessions will be available via audiocast on the FASB’s website.

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