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hanhan2008
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| Posted: 27 Nov 2009 at 21:17 | IP Logged
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Read the following from Becker:
"These disclosures (credit risk disclosure) apply to all entities (except non-public entities that have total assets less than $100 million) and have no instruments that are accounted for as derivatives. "
Can anybody tell me how to understand this sentence? Thanks!!!
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lovethepirk
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| Posted: 28 Nov 2009 at 16:58 | IP Logged
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I can take a stab...
Credit risk disclosures are not needed for companies that have assets less than 100 million and are not engaged in derivatives.
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hanhan2008
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| Posted: 28 Nov 2009 at 19:13 | IP Logged
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Oh, ok. I see. Thank you !!!
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Topic: credit risk disclose
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