Statement of financial accounting standards

Reference no: EM13152750

The Fair Value Option for Financial Assets and Financial Liabilities Including an amendment of FASB Statement No. Issued: February 2007 Effective Date: As of the beginning of each reporting entitys rst scal year that begins after November 15, 2007; this Statement should not be applied retrospectively to scal years beginning prior to the effective date, except as permitted in paragraph 30 for early adoption. Statement of Financial Accounting Standards No. Why Is the FASB Issuing This Statement?

Reference no: EM13152750

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Statement of financial accounting standards : As of the beginning of each reporting entitys rst scal year that begins after November 15, 2007; this Statement should not be applied retrospectively to scal years beginning prior to the effective date, except as permitted in paragraph 30 for earl..

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