WASHINGTON - Amid talk that a compromise is in the works, the Federal Accounting Standards Board will hold an open meeting April 12 on its controversial plan to eliminate pooling-of-interests accounting for mergers.

According to industry and government sources, FASB is considering ways to soften the impact its plan might have. For example, a modified form of pooling accounting may be retained, or the alternative method, purchase accounting, may be tweaked to make it more accommodating of goodwill. But sources warned that any compromise is still in the formative stages, and FASB officials refused to comment on concessions.

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