Accounting Roundup: January 2012

Published on: 06 Feb 2012

This issue of Accounting Roundup features articles on:

  • The FASB's and IASB's continued progress on their financial instruments project, including their (1) agreement to jointly deliberate classification and measurement and (2) ongoing discussions of impairment
  • The FASB's proposed Accounting Standards Update on impairment testing of indefinite-lived intangible assets
  • International economic events that may affect public entities: the SEC's guidance on disclosures about European sovereign debt exposures and the International Practices Task Force's discussion of the disclosure impacts of highly inflationary economies
  • The FAF‘s post-implementation review report on the effectiveness of FASB Interpretation No. 48, Accounting for Uncertainty in Income Taxes
  • The AICPA’s Technical Practice Aids on certain accounting and disclosure topics related to financial statements for health and welfare plans.


Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.