Thursday, April 26, 2007

So I Went to an Accounting Conference this Mornin'...

List of Assumptions that the Speaker Mentioned That Weren't True for Me...


- I'm sure you're all wondering how these new rules will affect your company.
- As you all know, a lot has happened in the industry since our last meeting.
- SFAS 157 obviously superseded EITF-0203.
- By now, we're all familiar with SFAS 159.
- You may've seen the article in the Wall Street Journal last week about fair value treatment.
- Everyone here knows what Brady Bonds are, right?
- As I'm sure you're all aware, the mission allowance market has taken off in the past few years.
- See y'all next time.

Rock On,

Aitch

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