The Financial Accounting Standards Board will soon make a decision on whether to move forward with a new standard on accounting for contingencies, although FASB Chairman Leslie Seidman was careful not to tip her hand on what that decision will be.

The Financial Accounting Standards Board will soon make a decision on whether to move forward with a new standard on accounting for contingencies, although FASB Chairman Leslie Seidman was careful not to tip her hand on what that decision will be.