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Robert Herz on FASB and His Experience in Standard Setting

Former Financial Accounting Standards Board chairman Robert Herz discusses his new book, "Accounting Changes," along with where he sees FASB and the IASB's convergence effort going, his experience at Coopers & Lybrand with structuring transactions, and how "Bad Bob" went from being a "poacher" to a "gamekeeper" to a standard-setter.

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