Virtual Library Resource Summary

Large Company Litigation Counsel Letter to FASB

Year: 2007

Description: Letter (12/07) from several large company chief litigation counsel urging FASB to propose a more reasonable standard (this letter was issued as guidance during the proposal drafting process; the proposed rule did not adopt the majority of this guidance.)

Material Type: Quick Reference

Keyword(s): Attorney-Client Privilege, Auditing, Banking, Commercial Law, Compliance & Ethics, Courts/Judiciary, Finance, Litigation, Records Retention/Management

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