J2D2 Posted February 19, 2008 Posted February 19, 2008 We (bank trustee/custodian) have recently been asked to certify that our statements comply with FAS 157 or that we intend to comply with FAS 157. Are any other bank trustees or custodians out there getting similar requests?
quinnfield Posted February 19, 2008 Posted February 19, 2008 Here's a link to FAS 157, if you'd like to read it: http://www.fasb.org/pdf/fas157.pdf It's generally applicable for fiscal years beginning after 11/15/2007.
J2D2 Posted February 20, 2008 Author Posted February 20, 2008 Thanks for the link, but I'm more interested in hearing whether trust depts. are receiving inquiries about FAS 157. If so, how are they responding?
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now