AICPA Comment Letter on FASAB Hierarchy of GAAP
"AICPA reviews the FASAB exposure draft, The Hierarchy of Generally Accepted Accounting Principles, Including the Application of Standards Issued by the Financial Accounting Standards Board, and provide responses to specific questions raised and other comments. "
Published on July 11, 2011
December 31, 2014 Comment Letter by the SLGEP Regarding GAAP Hierarchy
The State and Local Government Expert Panel is pleased to offer its comments on GASB's The Hierarchy of Generally Accepted Accounting Principles for State and Local Governments. This document reflects the comments provided to GASB.
Published on January 26, 2015
Fight to Win Independent Standard Setting Board for Private Company Financial Reporting Will Continue
The CPA Advocate: October, 2011. The Financial Accounting Foundation’s proposal, Plan to Establish the Private Company Standards Improvement Council, rejected one of the two major recommendations of the Blue Ribbon Panel on Standard Setting for Private Companies.
Published on October 13, 2011
AICPA Comments on FASB and IASB Insurance Contracts Exposure Drafts
...Advocate: January, 2014. The AICPA Financial Reporting Executive Committee said it continues to support FASB’s and IASB’s efforts to either converge or more closely align U.S. GAAP with the IFRS, but believes high quality accounting standards should not be sacrificed for the sake of convergence
Published on January 30, 2014
Comment Letter on FASB Accounting Standards Update (ASU), Fair Value Measurements and Disclosures (Topic 820) - Amendmen...
...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 Offers Feedback to GASB on Several Important Due Process Documents
The CPA Advocate: February, 2015. The State and Local Government Expert Panel submitted comments on three exposure drafts.
Published on February 24, 2015
FinREC Comment Letter Provides Recommendations to SEC Regarding Money Market Fund Financial Reporting Matters
The CPA Advocate: October, 2013. The AICPA Financial Reporting Executive Committee (FinREC) has provided a number of recommendations relating to certain financial reporting matters affecting money market funds in response to the Securities and Exchange Commission’s (SEC) proposed rule, Money Market Fund Reform; Amendments to Form PF.
Published on October 17, 2013
AICPA Supports New Private Company Council Developing Framework for SMEs
The CPA Advocate: June, 2012. AICPA supports FAF's planned creation of Private Company Council and is developing an OCBOA financial reporting framework for privately held small- and medium-sized enterprises.
Published on June 13, 2012
AICPA President and CEO Barry Melancon Hosts Discussion with SEC Commissioner Daniel Gallagher
The CPA Advocate: December, 2014. U.S. Securities and Exchange Commission Commissioner Daniel Gallagher participated in a discussion with AICPA President and CEO Barry Melancon, CPA, CGMA, at the AICPA’s Conference on Current SEC and PCAOB Developments in Washington, D.C. on December 8.
Published on December 18, 2014
AICPA Questions IRS About Education Letters Sent to Exempts
March 26, 2004. This letter to the IRS Exempt Organizations Division addresses their recent sending of ""educational letters"" informing charitable organizations with contribution income that they are: (1) disclosing an amount less than 5 percent of contributions; or (2) not disclosing any fundraising expenses in Part II of Form 990.
Published on November 12, 2012