AICPA Financial Reporting Executive Committee Comment Letter on FASB Proposed ASU, Disclosure of Certain Loss Contingenc...
...Reporting Executive Committee of the American Institute of Certified Public Accountants (FinREC) offers comments on the FASB’s July 20, 2010, Proposed Accounting Standards Update, Disclosure of Certain Loss Contingencies (the Exposure Draft
Published on July 11, 2011
FASB Comment Letter Archive
The AICPA takes opportunities to comment on Discussion Papers and other various standard setting items. Included are archived items.
Published on July 15, 2011
Corporations: Checklists and Illustrative Financial Statements
AICPA Checklists and Illustrative Financial Statements are designed to assist auditors and preparers to overcome the complexities of financial statement preparation. This checklist includes guidance for fiscal years ending prior to September 30, 2012 and those that end on December 31, 2012. The checklist includes the clarified auditing standards as well.
GAAP Review Series - Part 2
Renew your understanding of accounting for leases, contingencies and other uncertainties requirements, accounting for debt, other liabilities and accounting for income taxes.
IFRS: Liabilities, Provisions and Contingencies (IAS 37)
The objective of IAS 37 is to ensure that appropriate recognition criteria and measurement bases are applied to provisions, contingent liabilities and contingent assets and that sufficient information is disclosed in the notes to the financial statements to enable users to understand their nature, timing and amount