On the recordMarch 27, 2012
So I know I am running out of time here. But do you think U.S. GAAP will remain a valid set of accounting pronouncements?
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congress.govSo I know I am running out of time here. But do you think U.S. GAAP will remain a valid set of accounting pronouncements?
Renacci questions the validity of U.S. GAAP in accounting.
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I want to be clear; we are not talking about reducing credit standards. I strongly support strong underwriting standards...
What I think we would like to see is the creation... of a Federal agency that can issue very robust guidelines.