Norwalk, Conn. (Oct. 9, 2003) -- The Financial Accounting Standards Board will briefly delay a new rule to force companies to consolidate off-balance-sheet entities onto their own financial statements, it announced Wednesday.
The rule, commonly called FIN 46, was originally intended to go into effect in the third quarter, but has been deferred to take effect with financial statements for the period ending in December.
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access