Buzz Archive:
Legal Updates: The PAUSE Program and FASB Interpretation No. 48

by Joseph W. Bartlett, Founder of VC Experts.com, 1/29/2008

Those in the alternative asset space often deal with a myriad of issues each day. Today we have an interesting hodgepodge of brief updates: SEC's crackdown of boiler rooms and unregistered placement agents. Also, as private companies start gathering resources for tax filings, we get a brief on GAAP and Accounting for Uncertainty in Income Taxes (FIN 48).