Mon, May 21, 2012

"FASB May Allow Private Banks To Reduce Disclosures"-David Larsen Quoted in Law360

Duff & Phelps Managing Director David Larsen says that if the FASB were to allow private companies to hold off on reporting illiquid Level 3 assets, the footnotes on their financial statements would be cut back significantly.

Click here to read the full article in Law360.

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