Solutions, anyone?

The article focuses on the move of the Financial Accounting Standards Board to change its methods of financial reporting in the U.S. The new accounting standards will give companies the option to restate past income figures, or post a cumulative catch-up adjustment in the year of adoption. The Board has also issued the Statement of Financial Accounting Standards (SFAS) 91 on loan origination fees and other SFAS on consolidated subsidies and cash flow statements.