Excellent CFO.com article on 157
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Alrighty, folks. Here's a great article on SFAS 157.
Now, if all we did was link to the myriad pieces relating to SFAS 157, we'd have little time to value companies. In the words of David Katz, Fair Value has "achieved the improbable feat of making front-page news." Sensationalism aside, occasionally we do run into a great analysis of the issues. When we do, it's worth a link. So here you are.
Katz's article runs about five web pages in length, and covers the current sentiment relating to 157, the probable future life of the regulation, and some details relating to its far-reaching nature.