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Gold/Mining/Energy : Gold Price Monitor

GDXJ 96.04

-1.4%

Nov 17 4:00 PM EST

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To: goldsheet who wrote (47475)	1/26/2000 7:57:00 AM
From: long-gone	Read Replies (1) of 116762

OT(?) This is going to have a BIG BIG impact: Wednesday January 26, 5:26 am Eastern Time FASB tightens rules on Internet ad revenues-WSJ NEW YORK, Jan 26 (Reuters) - A U.S. accounting governing board has tightened up a rule on how Internet companies book bartered advertising, the Wall Street Journal said. The ruling by the Financial Accounting Standard Board (FASB) says companies can only include revenues received from bartered advertising if they have a history of receiving cash for similar advertising transactions, the newspaper said. In addition, those deals cannot take place more than six months prior to the actual barter, the Journal reported. The ruling was prompted by a request in November from the U.S. Securities and Exchange Commission for a review of the practice by some new Internet companies.(cont) biz.yahoo.com

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