Accounting Roundup: May 2011
Published on:
Jun 03, 2011
Topics covered in this issue include the following:
Consolidations
- IASB Publishes Final Standards on Consolidation, Joint Ventures, and Disclosures About Interests in Other Entities
Fair Value Measurements
- FASB and IASB Issue Substantially Converged Requirements for Fair Value Measurement and Disclosure
Financial Instruments
- FASB Reaches Tentative Decisions on Financial Instruments Project
- FASB and IASB Reach Decisions on Impairment of Financial Assets
- FASB to Consider Feedback on IASB’s Hedge Accounting ED
- Update on the FASB/IASB Joint ED on Offsetting of Financial Assets and Financial Liabilities
Other Accounting
- IASB Publishes Preliminary Conclusions of Strategy Review for Public Comment
Other SEC Matters
- SEC Staff Paper Explores Method of Incorporating International Standards Into U.S. Reporting System
- SEC Adopts Whistleblower Regulations
- SEC Approves Rule Proposal for Nationally Recognized Statistical Rating Organizations
- CAQ Releases Highlights of SEC Regulations Committee’s March 29 Meeting
Other Auditing
- IAASB Publishes Revised International Assurance Standard for Public Comment
FASAB Matters
- FASAB Issues Standard on Definitional Changes Related to Deferred Maintenance and Repairs
