- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
FASB has issued a proposed update to accounting standards, with new disclosure requirements for financial instruments that contain separately presented embedded derivatives. Companies would be required to disclose the carrying amount, measurement attribute, and line item in both the balance sheet and income statement under certain circumstances.
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Becton Dickinson medical device company will pay $175 million for “repeatedly” misleading investors about its Alaris infusion pump, a product the company knew was flawed and was sold without the required patient-safety approvals, the Securities and Exchange Commission said.
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