Search Results

    Page  1 2 3 4 5 >> 
    Showing results 1 - 10 of 149
    Order by:


    Accounting for Contingencies

    Article Contingencies are existing uncertainties that may have financial impact, depending on future events. Loss contingencies are those that may result in the incurrence of a liability or the impairment of an asset. Gain contingencies are those that may result in the...
    Published on May 28, 2014

    Special Issues Related to Asset Retirement Obligations

    Article FASB ASC 410 provides the authoritative guidance for the classification and measurement of obligations arising from the future cost of retiring long-lived tangible assets
    Published on May 28, 2014

    Convertible Debt Securities A Look at Some of the More Challenging Issues

    Article Convertible debt securities are complex hybrid instruments including an option, where the alternative choices cannot exist independently of each other.  Holders of convertible debt securities ordinarily do not sell one right and retain the other right.
    Published on May 28, 2014

    Compensated Absences, Postemployment Benefits, and Bonus Agreements

    Article The primary authoritative literature that addresses compensated absences is FASB ASC 710.
    Published on May 28, 2014

    SFAS No. 123R Implementation Issue Addressed by the FASB Staff

    Report On October 10, 2006, the FASB Staff issued FSP FAS 123R-5.  The new Staff Position [FSP] addresses whether “modification” of an instrument related to an equity restructuring should be considered a “modification” for purposes of applying FSP FAS 123R-1, entitled Classification and Measurement of Freestanding Financial Instruments Originally Issued in Exchange
    Published on July 27, 2014

    Special Issues Related to Commitments and Contingencies

    Article FASB ASC 440 provides an overall accounting and disclosure model for unconditional purchase obligations, as well as reference to other types of commitments. FASB ASC 450 addresses accounting for contingencies.
    Published on May 28, 2014

    SFAS No. 157 Some Implementation Questions that are Answered

    Report While the technical literature provisions with SFAS No. 157 do not become effective until calendar-year 2008 financial statements are being prepared and reported on, certain questions already are being asked about “how to do” the fair value measurements within this recently-issued accounting technical literature guidance.
    Published on July 27, 2014

    Required Supplementary Information Compilation & Review Engagement Issues

    News The AICPA has released some interpretive guidance related to how practitioners should address circumstances when required supplementary information accompanies basic financial statements that have been compiled or reviewed.
    Published on May 28, 2014

    Special Issues Related to the Statement of Cash Flows

    Article According to SFAS No. 95, Statement of Cash Flows, the primary objective of a statement of cash flows is to provide relevant information about the cash receipts and cash payments of an entity during a period.
    Published on May 28, 2014

    CIRA Financial Statements Required Supplementary Information

    Article As reporting entities, and practitioners associated with those entities, are working to finalize current financial statements and engagements for common interest realty associations [CIRAs], one of the issues that needs to be addressed relates to the fact that the previously-utilized AICPA Guide associated with CIRA engagements has been dormant since
    Published on May 28, 2014

    Page  1 2 3 4 5 >> 
    Showing results 1 – 10 of 149
    Show Results per page
    Copyright © 2006-2014 American Institute of CPAs.