Added: Oct 11, 2008
From: SanfordLewis
Duration: 3:36
The Financial Accounting Standards Board has issued proposals to improve disclosure of potential corporate liabilities. But it has missed the mark on one essential issue - the potential for severe long term risks that are misjudged by companies as only "remote." Attorney Sanford Lewis discusses the problem, and why investors need to weigh in before August 8.
Channel: News
Tags: disclosure fasb liability risk
Rating: 5.00 (2 ratings) Views: 109' favoriteCount='1 Comments: 1
vzmarti Says:
Oct 11, 2008 - Excellent. Good explanation and tackles the issue from several angles. Esp helpful for those of us who are accountants!