May 2006 Accounting Roundup posted
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
- 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 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 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
- Proposed Amendments to Accounting for Borrowing Costs
- Draft IFRIC Due Process Handbook