Fasb Quotes

This is monumental. This sets in motion the move to expense stock options. A while back this would have been a death wish on the part of the FASB but now the environment has changed. - David Hawkins

This is a fascinating reform, since it comes right before the U.S. FASB -- as is probable -- accepts a request by the SEC to look into FAS87, the U.S. (pension) standard. - Andrew Roberts

Over the last four years, the board has worked with Prairie Grove and Crystal Lake to establish higher impact fees so that new growth pays its way. - Superintendent Mary Fasbender

Maybe, it's tweaking it, or maybe it's serious changes will need to be made. People will hopefully feel they are part of the process. - Superintendent Mary Fasbender

It's time to step back and wipe the slate clean. - Superintendent Mary Fasbender

It's clear the community has spoken. - Superintendent Mary Fasbender

It's certainly important to us and in the best interest of our students to put what is behind us, behind us. - Superintendent Mary Fasbender

I don't think anybody can say that this is an absolute, but schools cannot rely on not preparing. When a child comes to our door with their parents to register, we cannot turn them away. - Superintendent Mary Fasbender

Derivatives cannot hedge derivatives for accounting purposes -- now or under FASB 133, ... Does Dave [Duncan] think his accounting works even under FASB 133? No way. - Carl Bass