November 2005 Accounting Roundup posted
07 Dec 2005
We have posted the (PDF 244k) published by Deloitte & Touche LLP (USA).
Topics covered in this issue include:
- FASB developments, including final FSPs on calculating the APIC pool under FAS 123R, minimum revenue guarantees, a QSPE's ability to hold derivatives, and investment impairment; and a new FASB project on pensions and other postretirement benefits.
- GASB developments, including Q&A; on post-employment benefits.
- AICPA developments, including a series of Technical Practice Aids on lease accounting and a request for comment on independence in compilation engagements.
- SEC developments, including amendments to requirements for asset-backed securities and Q&A; on securities offering reform.
- PCAOB developments, including ethics and independence rules regarding tax services and a report on implementation of AS2.
- International developments, including IFRIC 7; discussion paper on measurement bases; User's Guide to Financial Instruments Standards; and summaries of recent IASB and IFRIC meetings.