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As you progress in your accounting careers you will notice that everything changes at a very fast pace. What was true 10 years ago when

As you progress in your accounting careers you will notice that everything changes at a very fast pace. What was true 10 years ago when Enron was busy creating off-balance sheet fraud is now old news. Look over the latest change as it relates to Fair-value reporting and the Equity Method and then in FAS 159.Do you think companies will elect the new Fair Value Option

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