FASB complete; IASB still underway

BVWireIssue #72-3
September 24, 2008

In the Ready, set, converge article in last week's issue of BVWire (issue #72-2), we inadvertently stated that the fair value measurement project had been completed. Hilary Eastman, the fair value measurement project manager at the IASB, reported to the BVWire that the fair value measurement project is completed by the FASB and is currently underway at the IASB. As of now, the IASB still estimates a completion date in 2010.

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