FASB Comment Letter Regarding Fair Value Measurement of Perpetual Trusts
Comment Letter:
AICPA comments on the Not-for-profit entities (NFP) requirement to measure beneficial interests in perpetual trusts at fair value
Published on May 08, 2013
FASB Independence and Fair Value Accounting
Article:
The AICPA strongly and unequivocally supports independence of the U.S. and international accounting standard setting bodies, the Financial Accounting Standards Board (FASB) in Norwalk, Connecticut, and the International Accounting Standards Board (IASB) in London.
Published on April 03, 2013
Comment Letter on FASB Accounting Standards Update (ASU), Fair Value Measurements and Disclosures (Topic 820) - Amendmen...
Comment Letter:
The AICPA has drafted this comment letter to the FASB on the proposed Accounting Standards Update, Fair Value Measurements and Disclosures (Topic 820) - Amendments for Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRSs
Published on July 11, 2011
AICPA Comment Letter - Securities and Exchange Commissions (SEC) Fair Value Study of Accounting for Financial Institutio...
Comment Letter:
...pleased to offer its comments on the Securities and Exchange Commission's (SEC) study of mark-to-market accounting applicable to financial institutions. We welcome this objective review of fair value reporting for public companies in inactive markets, while continuing to focus on providing
Published on April 01, 2013
AcSEC Comments on FASBs Proposed Staff Positions
Article:
The Accounting Standards Executive Committee (AcSEC) encourages the FASB to continue to refine fair value measurement guidance as application issues are identified and complete other related fair value projects on its agenda. Further comments are offered
Published on July 11, 2011
FSP-FAS-157-g-AcSEC-comment-letter.pdf
Article:
The Accounting Standards Executive Committee comment letter on proposed FASB Staff Position (FSP) FAS 157-g, "Estimating the Fair Value of Investments in Investment Companies That Have Calculated Net Asset Value per Share in Accordance with the AICPA Audit and Accounting Guide, Investment Companies
Published on July 11, 2011
Dec. 7, 2009 - AcSEC comment letter on FASBs Measurement of Financial Instruments
Article:
...Standards Executive Committee (AcSEC) of the American Institute of Certified Public Accountants discussed whether all financial instruments should be measured and recorded (versus disclosed) on the balance sheet at fair value
Published on July 11, 2011
FV_Disclosures_Comment_Letter_Final.pdf
Article:
The Accounting Standards Executive Committee of the American Institute of Certified Public Accountants (AcSEC) comment letter on FASB Exposure Draft, Improving Disclosures about Fair Value Measurements
Published on July 11, 2011
FASB Comment Letter Archive
Comment Letter:
The AICPA takes opportunities to comment on Discussion Papers and other various standard setting items. Included are archived items.
Published on July 15, 2011
Financial Regulatory Reform
Article:
Responding to the 2007-2009 financial crisis, Congress debated comprehensive financial regulatory legislation that would address systemic risks, provide U.S. regulators with new resolution authorities and create a new consumer financial protection bureau. Listed in this article are specific provisions in the pending legislation, and potential amendments that concern the accounting
Published on February 04, 2013
Audit, Attest, and Quality Control ASB Comment Letters
Comment Letter:
ASB comment letter to other organizations.
Published on May 21, 2013
Using Family Partnerships and Refuting IRS Challenges
Article:
This is an article highlighting the AICPA's position concerning the legitimate use of family partnerships. In particular, the AICPA takes exception with the IRS's refusal to recognize for transfer tax purposes the validity of many family partnership's under examination.
Published on September 19, 2012
AICPA Urged IRS to Extend Estate Filing Deadlines for 2010 and 2011 Estates
Newsletter:
The CPA Advocate: September, 2011. AICPA tells IRS executors will need 90 days after the Internal Revenue Service publishes the final 2010 and 2011 estate tax Forms 706 and Form 8939 and instructions to prepare returns for individuals who died in 2010 and 2011.
Published on October 07, 2011
Portability Extensions for First Half of 2011 Decedents
Overview:
This page covers the IRS Notice 2012-21 on extensions for making the portability election for decedents dieing in the first half of 2011.
Published on September 26, 2012
AICPA Sends Tax Reform Recommendations to House Ways & Means Committee
Newsletter:
The CPA Advocate: April, 2013. The AICPA recently sent recommendations for tax reform to five of the House Ways & Means Committee’s working groups charged with examining how specific areas of the tax law could be reformed. The recommendations cover provisions regarding small businesses and passthrough entities, education and family
Published on April 29, 2013