NU Online News Service, Oct. 16, 12:25 p.m.EDT
A U.S. Financial Accounting Standards Board proposal, intendedto improve existing financial statements' fair value accountingmeasurements, will actually make them difficult to compare andinterpret, an insurance industry group said.
That analysis, coupled with a letter to the FASB asking it tomake changes, came from the Group of North American InsuranceEnterprises (GNAIE).
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