More Public Meetings Planned

The Financial Accounting Standards Board says it plans to hold several public roundtables to discuss its proposed rule change. They are tentatively scheduled to take place at the end of June in the San Francisco Bay area and in Norwalk, Conn. The rule would apply to publicly traded companies for fiscal years that begin after Dec. 15, 2004. FASB says it welcomes critical feedback. "We expect the proposal will draw interest from a broad spectrum of respondents, including small and non-public companies," said FASB Chairman Robert H. Herz.