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SEC Views on Carried Interest Revenue Cause Uncertainty

An article on Bloomberg discusses disagreement between the SEC and Financial Accounting Standards Board on how carried interest should be reported.

Besides the merits and weaknesses in both arguments, one wonders if the utter complexity of either method, revised or not, serves any real purpose.

What do you think?

http://www.bna.com/sec-views-carried-n57982072867/

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