CFO Magazine: Robert Rostan on FASB’s proposed changes to repo agreement rules
Cleaning Up Balance Sheets, One Repo at a Time
A new accounting proposal could clear up CFOs’ uncertainty about where to book repurchase agreements.
By Kathleen Hoffelder
A new proposal by the Financial Accounting Standards Board (FASB) should eliminate the accounting allowances that made it easy for Lehman Brothers and MF Global to...