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: Accounting Standards

SEC’s Work Plan for the Consideration of Incorporating International Financial Reporting Standards
SEC’s Work Plan for the Consideration of Incorporating International Financial Reporting Standards into the Financial Reporting System for U.S. Issuers – Exploring a Possible Method of Incorporation (the "Work Plan").
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. Offsetting Financial Assets and Financial Liabilities
CCR shares its views with the FASB and IASB on Offsetting Financial Assets and Financial Liabilities. FEI Files Comment Letter With Chairs of FASB and IASB In Response To MoU Projects
FASB, IASB Tentatively Decide to Revise Lease Accounting Proposals
At a recent joint meeting in February, FASB and IASB tentatively decided to revise some of their more significant lease accounting proposals to address concerns concerns. Effective Dates and Transition Methods
The Committee on Corporate Reporting (“CCR”) of Financial Executives International (“FEI”) appreciates the opportunity to provide its views on the FASB Discussion Paper, Effective Dates and Transition Methods. CCR filed its Lease comment letter with the FASB and IASB
On December 14, CCR filed its Lease comment letter with the FASB and IASB. CCR continues to support the convergence of U.S. GAAP and IFRS and the project’s overall goal of improving the accounting for leases. A lease provides a lessee use of an asset and contains an obligation to pay rent. As a result, the proposed right-of-use accounting model that leads to the recognition by the lessee of the FEI Comments On Standard-Setting Developments To FASB, IASB, SEC
SEC IFRS Work Plan Incorporation Implication
We support the SEC’s efforts on its continued work in analyzing the benefits and costs associated with the use of IFRS by U.S. issuers. CCR continues to believe there are benefits to be derived from the development and use of a single set of globally accepted accounting standards. CCR comments on the SEC IFRS Work Plan Investor Education
We support the SEC’s efforts on its continued work in analyzing the benefits and costs associated with the use of IFRS by U.S. issuers. CCR continues to believe there are benefits to be derived from the development and use of a single set of globally accepted accounting standards. CPC-S Responses to Arguments Against Separate Private Company Accounting Standards
On Sept. 30, 2010 CPC-S sent a draft document to the Blue Ribbon Panel on Standard Setting for Private Companies, Responses to Arguments Against Separate Private Company Accounting Standards. CBF Responds to Defined Contribution Pension Plan Exposure Draft
FEI CPC-S Committee shares views on Proposed ASU. Plan Accounting Defined Contribution Pension Plan
FEI CPC-S Committee shares views on Proposed ASU. Plan Accounting Defined Contribution Pension Plan FEI CPC-S shares views on Proposed ASU Contingencies: Disclosure of certain loss contingencies.
FASB, IASB Issue Progress Report On Convergence Strategy, By KPMG
FASB Highlights From FEI 2010 Leadership Summit
SEC Comment Letters: Foreign Private Issuers Using IFRS And Domestic Registrants
Deloitte provides a closer look on SEC Comment Letters on Private Issuers Using IFRS and Domestic Registrants FAS 168
Financial Statements and the Return of Professional Judgment
The Fast Close
LIFO
FAS 123 Compliance/ Footnote Reporting
FASB Announces Access to Accounting Standards Codification July 1
IFRS: What Should You Be Doing To Prepare? By Grant Thornton
Grant Thornton national partner-in-charge, International and Domestic Accounting Gary Illiano, says: "Companies should beging to get an understanding of what's going to change if or when IFRS are adopted ..." FASB Accounting Codification Is Coming: July 1
CFOs Split Over Use Of IFRS In U.S., Grant Thornton Survey Shows
Accounting Roundup Year In Review, 2008 - By Deloitte
Accounting Roundup Year In Review, 2008 - By Deloitte
compliance: december 08
Too much, too little, just right? Charles Niemeier has strong opinions on the current push to converge accounting standards globally — and of the uniqueness of the U.S. markets and their approach to regulation and compliance. accounting: november 08
president`s page: september 08
The convergence of International Financial Reporting Standards with U.S. generally accepted accounting principles is rapidly progressing toward becoming a reality. The big question now is the timeline for implementation, rather than a debate over “whether” it will occur.
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