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: Convergence

FASB, IASB To Reexpose Leasing Proposal
FEI Letter To FASB, IASB Asks For Reexposure Of Revenue Recognition ED
On June 10, 2011 FEI's Committee on Corporate Reporting filed a comment letter with the FASB and IASB asking for formal reexposure of the board's Exposure Draft on Revenue Recognition, to provide an opportunity for public comment on the ED, which the FEI committee notes has gone through substantive changes following the board's review of public comments on the original Exposure Draft. SEC Staff Paper On FASB Endorsement, Incorporation Of IFRS Into US GAAP
The SEC released for public comment a staff paper on a possible framework in which the FASB would be responsible for endorsing IFRS standards for incorporation into U.S. GAAP. FASB, IASB Seek Feedback On Converged Solution to Impairment
FASB and IASB seek feedback on converged solution to impairment -- comment period ends April 1, 2011. FEI CEO's 2011 Top Challenges For Financial Executives
FEI's president and CEO lists top issues for financial executives for 2011 Financial Reporting: January 11
Uncertainty remains over whether, how and when the SEC will make the decision for U.S. companies to incorporate or converge with IFRS, leaving U.S. GAAP behind. Will a decision come in June, or beyond? Here’s what to consider in the meantime. FEI Express Public Company Edition #88
FEI Express Private Company Edition #85
FEI Comments On Standard-Setting Developments To FASB, IASB, SEC
FEI Express Private Company Edition #83
FASB To Release Discussion Document On MoU Implementation
Chairing his last FASB board meeting, Bob Herz noted that the FASB will be releasing a discussion document seeking public comment on matters relating to implementation of the standards under the FASB-IASB MoU, such as effective date, transition, and other matters. The board also acted recent EITF consensuses and consensuses for exposure. FASB, IASB Issue Progress Report On Convergence Strategy, By KPMG
FASB FASB, IASB Modify Convergence Timetable In Response To Stakeholder Concern
On June 2, 2010 FASB and the IASB announced a modification to the convergence timetable set forth in the FASB-IASB Memorandum of Understanding (MoU). FEI Committee Files Letter With FASB, IASB On Impact Of MoU Standards
FASB Chief Herz To Constituents: 'Get Engaged' in Commenting On IFRS Convergence
FASB Chairman Robert H. Herz speaking to the FEI New Jersey Chapter on May 4, 2010, urged members to get engaged and comment on a number of Exposure Drafts to be released before June 30, 2011. SEC Reaffirms Commitment To Single Set Of Standards; Expects To Decide In 2011 On IFRS
At an open commission meeting earlier today, the SEC voted to issue a Statement reaffirming its commitment to a single set of global accounting standards. The SEC also reaffirmed that based on completion of a Workplan in 2011 - which it is publishing today - and based on succesful completion of the IASB-FASB convergence projects under their MOU, the SEC reach a decision in 2011 on IFRS. FEI Provides Recommendations To FASB, IASB On Convergence Standards
FEI's Committee on Corporate Reporting (CCR) filed letters recently with FASB and the IASB providing recommendations on the convergence standards. Highlights Of FEI Current Financial Reporting Issues Conference - By KPMG
FASB, IASB To 'Retriple' Convergence Efforts; Political Pressures Mount
Financial Executive Magazine Reports From G-20
G-20 Leaders' Statement Issued At Conclusion Of Pittsburgh Summit
Implications Of IFRS Conversion On R&D Tax Credit, PP&E, by PwC
FEI Comments On SEC's Proposed IFRS Roadmap
On April 20, 2009 FEI's Commmittee on Corporate Reporting filed a comment letter on the SEC's proposed IFRS Roadmap. Senate Hearing Asks: Is It Too Soon To Move To IFRS?
Following is a summary of the Oct. 24, 2007 Senate hearing on moving to one set of global accounting standards.
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