Accounting Roundup – December 2006

  • Accounting Roundup Image

10 Jan 2007

We have posted the December 2006 Edition of Accounting Roundup published by Deloitte & Touche LLP (USA).

Topics covered in this issue include:

FASB Developments

  • FSP on Accounting for Registration Payment Arrangements
  • Exposure Draft on Improving Disclosures for Derivatives and Hedging Activities
  • Proposed FSP on Statement 158
  • FASB Proposes Amendment to Interpretation 39
  • Tentative Guidance on Implementation Issue H17

GASB Developments

  • GASB Statement on Pollution Remediation Obligations
  • Exposure Draft on Accounting for Intangible Assets
  • Exposure Draft on Pension Plan Disclosures

AICPA Developments

  • TPAs on Investment Companies
  • TPA on Liquidated Damages
  • TPA on Income Taxes
  • TPAs on Effective Dates of a New Statement on Auditing Standards
  • Working Draft of TPA on Certain Equity-Related Financial Instruments
  • AICPA Issues Audit Risk Alerts
  • Proposed Statement on Standards for Accounting and Review Services
  • AICPA Hosts Annual Conference on SEC and PCAOB Developments

SEC Developments

  • Extension of Section 404 Compliance for Non-Accelerated Filers and Newly Public Companies
  • Amendment to Executive Compensation Disclosure Rules
  • Proposed Interpretive Guidance for Management to Improve Sarbanes-Oxley 404
  • Deregistration of Foreign Private Issuers
  • E-Proxy Rule Amendments
  • Proposed Rules for Investment Advisers and Accredited Investors
  • Proposed Rules for Implementation of Bank Broker Provisions
  • SEC Seeks Comments on Investment Company Guidance
  • SEC Updates Current Accounting and Disclosure Issues Document

PCAOB Developments

  • PCAOB Proposes New Auditing Standard and Other Related Proposals
  • PCAOB Amends Rule Relating to Inspection Frequency

International Developments

  • IASB and FASB Announce International Working Group on Lease Accounting

Other Developments

  • Revised Guidance Issued on the Allowance for Loan and Lease Losses

Click for December Issue (PDF 479k). You will find past issues of Accounting Roundup Here.

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.