March 19, 2009


Cindy Fornelli discusses two-pronged approach to fair value accounting on FOXBusiness.com LIVE

 

On March 19, 2009, Center for Audit Quality Executive Director Cindy Fornelli appeared on FOXBusiness.com LIVE to discuss fair value accounting. During the interview, Fornelli advocated for a two-pronged approach to the financial sector's liquidity concerns that:

  1. Calls for banking regulators to review capital requirements; and
  2. Recommends accounting standard-setters consider improvements to fair value's application.
On Fox live To see the interview in its entirety, please visit FOXbusiness.com

 

# # #

The Center for Audit Quality (CAQ) is an autonomous public policy organization serving investors, public company auditors and the capital markets. The CAQ’s mission is to foster confidence in the audit process and to aid investors and the markets by advancing constructive suggestions for change rooted in the profession’s core values of integrity, objectivity, honesty and trust. Based in Washington, D.C., the CAQ is affiliated with the American Institute of Certified Public Accountants. For more information, visit www.thecaq.org.