ACC, in Comments Letter to FASB, Continues to Voice Concerns on Proposals for Loss Contingency Reporting

ACC filed, on September 20, an addendum to its comments on proposed changes to the financial loss contingency disclosure rules with the Financial Accounting Standards Board (FASB) in order to add another 40 signatories. Including signatories on the August 18 … Continue reading

ACC And 135 CLOs Statement Protesting Amendments to FAS 5 Under Consideration by FASB at Their March 6 Hearing

ACC And 135 CLOs Statement Protesting Amendments to FAS 5 Under Consideration by FASB at Their March 6 Hearing For more on FAS 5 Proposals Top Ten Reasons for Corporate Counsel to be Concerned about Proposed FAS 5 Amendments ACC’s … Continue reading

ACC Files Comments on New FAS 5 Proposals (Financial Disclosure Requirements)

August 8, 2008 – ACC files addendum to its July 25, 2008 comments with the Financial Accounting Standards Board (FASB) protesting proposed changes to the FAS 5 financial loss contingency disclosure rules. The proposed rule, if adopted, will force companies … Continue reading