New FASB Rules Present Accounting Challenges says Prominent Accounting Publication

Basically this will put a significant amount of assets back on business books decreasing equity rations and putting pressure to add capital or shrink balance sheets – otherwise known as decrease loans or sell off past investments. 

http://www.accountantsworld.com/desktopdefault.aspx?page=newsstory&category=newsstory&StoryId=t8x0ZI4PtfBiNhEC0cXbgSxtFBvEfojFBLGmMoy9L4_E5nJIIQ9TdIdXIMdSIdz3xXo-gjxc_Hxmze3TYBN1pTw**mg


 

 

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