Poll: Will New FASB Guidelines Be Successful?

The board that sets U.S. accounting standards on Thursday gave companies more leeway when valuing assets, providing a potential boost to battered banks' balance sheets.

The independent Financial Accounting Standards Board voted to adopt new guidelines under the so-called mark-to-market accounting rules, which require companies to value assets at prices reflecting current market conditions. Will the New FASB Guidelines Be Successful? Let us know:

Related Links:

• Banks Given More Leeway In How They Value Toxic Assets
• Treasury's Bad-Debt Plan In Doubt
• Pisani: New FASB Rules
• For Banks, New Rules May Be 'Double-Edged Sword'

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