May 2006 Accounting Roundup posted

  • Accounting Roundup Image

09 Jun 2006

We have posted the (PDF 325k) published by Deloitte & Touche LLP (USA).

Topics covered in this issue include: FASB Developments
  • Proposed FSP on Accounting for Planned Major Maintenance Activities
  • Invitation to Comment on Bifurcation of Insurance Contracts by Insurance Companies and Corporate Policyholders
  • FASB Announces Appointment of New Board Member
AICPA Developments
  • Final SAS on Communicating Internal Control Matters Identified in an Audit
  • TPAs Regarding Loan Pool Accounting Under SOP 03-3
  • Revised Draft SOP on the Scope of the Audit and Accounting Guide for Investment Companies Sent to FASB for Final Approval
  • AICPA Issues Analysis of PCAOB Inspection Reports on Firms
  • AICPA Issues Employee Stock Option Financial Reporting Alert
SEC Developments
  • SEC and PCAOB Roundtable on Second-Year Experiences With Internal Control Provisions
  • SEC and PCAOB Announce Plans to Improve Implementation of Internal Control Reporting Requirements
  • SEC, Office of Thrift Supervision, and Other Federal Agencies Issue Proposed Statement on Complex Structured Finance Activities
PCAOB Developments
  • PCAOB Issues Statement on 2006 Inspections
  • PCAOB Proposes Rules for Periodic Reporting by Accounting Firms
  • PCAOB Proposes Rules Regarding Continuation of the Registration Status of Accounting Firms Upon a Merger or Change in Legal Form
International Developments
  • Proposed Amendments to Accounting for Borrowing Costs
  • Draft IFRIC Due Process Handbook
You will find past issues of Accounting Roundup Here.

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