Accounting Roundup: November 2011
Published on:
Dec 05, 2011
This issue features articles on:
- The FASB's and IASB's (1) proposed amendments to their guidance on revenue recognition and (2) progress on converging their guidance on financial instruments and lease accounting.
- The FASB's proposed amendments to consolidation accounting and its proposal on deferring portions of the new OCI standard.
- The SEC's two reports on incorporating IFRSs in the United States and the FAF's letter to the SEC on exploring a possible method of incorporation.
- The EITF's consensus on derecognition of in-substance real estate.
- The ASB's exposure draft on an entity’s ability to continue as a going concern.
