AICPA News Update Vol.12 No.19
Newsletter:
Explore the FASB ASC Before July 1 – and While It’s Still Free, AICPA Dedicated Web Site for Background, Information and Resources, Get a Glimpse into the Changes, Further Insights in a...
Published on June 24, 2011
Private Companies and FIN 48
Article:
On October 15, 2008, the Financial Accounting Standards Board (FASB) deferred the effective date of FIN 48 (FASB Interpretation No. 48, Accounting for Uncertainty in Income Taxes ) for all nonpublic companies for one year
Published on January 28, 2011
AICPA News Update Vol.12 No.35
Newsletter:
Q&A Explains Basics of FASB/IASB Revenue Recognition Project that Will Affect Nearly All Contracts, AICPA White Paper Explains Practitioner ’s Role in Internal Control Services, Technical Practice Aids Issued on Investment Companies, Business...
Published on June 24, 2011
AICPA News Update Vol.12 No.27
Newsletter:
Resources Developed to Help CPAs Understand, Use FASB Accounting Standards, Codification.; AICPA Members Eligible for Special Value Pricing of Accounting Guidance Library thatIncludes FASB ASC, New Financial Crisis Inquiry Commission Includes AICPA Board Member, New Law in...
Published on June 24, 2011
AICPA News Update Vol.12 No.44
Newsletter:
AICPA Says Legislative Proposal Would “Undermine” FASB’s Mission, AICPA Files Lawsuit Challenging FTC’s Red Flags Rule for CPAs, New COSO Paper Will Help Senior Executives Deal with Companies’ Top Risks, Have You Been Keeping...
Published on June 24, 2011
AICPA News Update Vol.12 No.47
Newsletter:
Major Changes in Compilation and Review Standards Approved and on the Way, AICPA Issues Letter to FASB on Fair Value for Financial Instruments, Guidelines Take Aim at Identity Theft, Security Breaches, PCPS December 15 Online Forum on Hot Topics Offered Free to All AICPA Members Special...
Published on June 24, 2011
AICPA News Update Vol.12 No.46
Newsletter:
AICPA Opposes Senate Provision Expanding Liability for Aiding and Abetting to Third Parties, House Panel Eases Legislative Proposal Threatening FASB Independence, New York State Legislature Passes Bill to Repeal Registration of Out-of-State CPA Tax Preparers, Revised Statements on Standards for Tax Services Released; Effective January 1, Private...
Published on June 24, 2011
Must LIFO Go to Make Way for IFRS
Article:
Currently, IFRS do not allow for the use of the LIFO inventory method, jeopardizing its use for U.S. tax purposes due to the LIFO conformity requirement in Sec. 472. The disallowance of the use of LIFO for tax purposes would result in a large current tax bill for many of
Published on January 28, 2011
AICPA News Update Vol.12 No.43
Newsletter:
Federal Trade Commission Delays Red Flags Rule Until June 1, 2010, IFRS Developments Emerge from AICPA/IASC Foundation Conference Last Week, CAQ, CII, U.S. Chamber Write Congress Discouraging FASB Inclusion in Systemic Regulator Proposal, AICPA Joins National Jump Start Board of Directors, Personal Financial Planning Center Offers Free Estate Planning Resources
Published on June 24, 2011
AICPA News Update Vol.12 No.21
Newsletter:
...of Systemic Regulator on Table in Financial Regulatory Reform Talks, SEC Proposes Amendments to Custody Rule for Investment Advisers, AICPA Applauds Introduction of Bill to Prohibit Tax Strategy Patents, FASB’s GAAP Codification Just a Month Away – Be Ready, Should U.S. Converge GAAP or Adopt IFRS? Comment on IFRS Blog
Published on June 24, 2011
AICPA News Update Vol.12 No.33
Newsletter:
...Crisis Infocast on August 31: Working with Your Lenders, Hear about Developments and News Affecting CPAs from AICPA President & CEO, Capturing the Bottom-Line Benefits of Sustainability, Reminder about FASB Statement No. 165, Subsequent Events, Get a Global Perspective of Accounting Profession – Read
Published on June 24, 2011
AICPA News Update Vol.12 No.38
Newsletter:
...Volunteers Needed to Help with CPA Exam Questions on IFRS, Technical Inquiries and Replies Issued on Subsequent Events, Auditing Standards Board Withdraws SAS No. 69; GAAP Hierarchies Incorporated into FASB, GASB, FASAB Literature
Published on June 24, 2011
AICPA News Update Vol.12 No.22
Newsletter:
Supreme Court Grants Cert. in Business Method Patent Case, AICPA President and CEO Addresses Fair Value Process, Decisions and Future, FASB Issues New Disclosure Guidelines for Subsequent Events, Auditing Standards Board Issues Additional Exposure Draft Under Clarity Project, Audit Committee Resources Developed on ARRA of 2009
Published on June 24, 2011
Guidance on FIN 48 and Independence
Article:
...s Professional Ethics Executive Committee (PEEC) recently issued nonauthoritative guidance on whether under AICPA Interpretation 101-3, Performance of Nonattest Services, members could assist an attest client in applying FASB Interpretation No
Published on April 19, 2010
AICPA News Update Vol.12 No.36
Newsletter:
...International FinancialReporting Standards, Free Guide to Financial Decisions: Implementing an End-of-Life Plan, Auditing Standards Board Issues Additional Exposure Drafts Under Clarity Project, Q&A Explains Basics of FASB/IASB Leases Project that Will Affect Nearly All Entities, AICPA Looking for Members to Profile in
Published on June 24, 2011