Special Issues Related to Interest Costs
FASB ASC 835 provides guidance for two primary topics: capitalization of interest and imputation of interest.
Published on August 29, 2012
Deferred Compensation Arrangements Addressing Some Accounting Issues
Preparers of financial statements and practitioners performing attest engagements on those statements often ask questions related to how deferred compensation arrangements should be properly-reflected in financial statements of reporting entities.
Published on May 09, 2012
Compensated Absences, Postemployment Benefits, and Bonus Agreements
The primary authoritative literature that addresses compensated absences is FASB ASC 710.
Published on July 08, 2009
Brokers & Dealers in Securities Some Reminders About Current Issues
Certain activities associated with broker-dealer operations are unique, so there are some particular accounting treatments utilized in addressing certain aspects of financial statements of broker-dealer entities.
Published on March 02, 2011
Special Issues Related to Guarantees
Creditors and other users of financial statements need to understand which guarantees are reported as obligations in the financial statements and which are merely disclosed in order to evaluate the creditworthiness of the subject entity.
Published on September 14, 2011
AU-C Section 620 Using the Work of an Auditor Specialist
In implementing the clarified auditing technical literature guidance, auditors will notice some significantly-modified guidance when they are using either management specialists or their own specialists.
Published on January 16, 2013
Special Issues Related to Commitments and Contingencies
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 25, 2014