FIN 48 Once Again Deferred

On October 15, 2008, the Financial Accounting Standards Board (FASB) once again deferred the adoption of Interpretation No. 48, Accounting for Uncertainty in Income Taxes, for all nonpublic entities until fiscal years beginning after December 15, 2008. By the first quarter of 2009, FASB expects to provide guidance for pass-through entities and provide amendments to the disclosure requirements for nonpublic entities.