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34 Days Left and Just Three Online Comment Letters?

Posted on September 20, 2013 by Heather J. Wietzel

I had the opportunity to listen to a conference call hosted by Sandler O’Neill about the Financial Accounting Standards Board’s insurance contract accounting proposal.  This is a topic that I covered in a blog post on August 28 titled Should IROs Care? – FASB’s newest proposal for insurance contract accounting.

The key takeaway from the Sander call is that investors (the users of financial statements) do not have a favorable view of the proposal. There was strong encouragement for companies and investors to submit comment letters to the FASB on this topic. Comments are due by October 25, 2013.

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