On Oct. 13, the MPA Distinguished Speaker Lyceum hosted Tom Linsmeier (left), a member of the Financial Accounting Standards Board (FASB). Fifth-year MPA student Doug Bedell shared this dispatch from Linsmeier’s talk, which he says was “one of the most riveting” Lyceum talks yet:
Dr. Linsmeier’s speech passionately defended fair-value accounting, a subject that, as of late, has [...]
FASB Board Member Linsmeier Defends Fair-Value Accounting
October 19th, 2009 · Filed under: Events · MPA
Posted by Tracy Mueller
Tags: · Accounting, accounting regulations, accounting standards, bank failure, fair value accounting, FASB, Financial Accounting Standards Board, historical-cost accounting, Tom Linsmeier
Fair-value Accounting: A Better Reflection of Reality
February 6th, 2009 · Filed under: Faculty News · McCombs in the Media · Top Stories
Posted by Tracy Mueller
Fair-value Accounting: A Better Reflection of Reality
By Lisa Koonce, Deloitte & Touche Professor of Accounting
Lately, much discussion has centered around the underlying causes of the financial crisis, and some have suggested that current accounting rules must shoulder some of the blame. Specifically targeted by critics is the focus by the Financial Accounting Standards Board (FASB), [...]
Tags: · Accounting, accounting standards, fair value accounting, Financial Accounting Standards Board, financial crisis blame, Lisa Koonce

