May 2012
FEI's Committee on Taxation recently filed a Statement for the hearing record of an April 26 hearing on certain tax extenders. Separately, FEI COT, in conjunction with the Financial Executives Research Foundation, is conducting a survey on International Tax Reform.
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Posted:
5/14/2012 1:18:38 PM by
Ms. Edith Orenstein | with
0 comments
FASB is slated to meet with its small company and private company advisory committees later this week.
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Posted:
5/9/2012 8:07:41 AM by
Ms. Edith Orenstein | with
0 comments
The PCAOB recently announced it is seeking nominations for new members for its Standing Advisory Group. Separately, the next meeting of the SAG is set for May 17.
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Posted:
5/9/2012 7:57:20 AM by
Ms. Edith Orenstein | with
0 comments
On May 8, 2012 the SEC unveiled a freshly designed homepage for its website.
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Posted:
5/8/2012 5:17:50 PM by
Ms. Edith Orenstein | with
2 comments
At its board meeting yesterday, FASB decided to revisit its prior decisions on whether to define in the accounting literature (GAAP) how to assess and report on a 'going concern' decision, and will move forward on this project.
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Posted:
5/3/2012 1:44:41 PM by
Ms. Edith Orenstein | with
2 comments
During its past two board meetings, the FASB has reached tentative decisions on a definition of 'nonpublic entity.' This definition will be key to determining the scope of companies, commonly referred to as 'private companies,' that will be able to avail themselves of specific changes/exceptions to GAAP offered to private co's going forward and relates as well to the upcoming decision of the FAF (which oversees FASB) on how best to set standards for private companies, e.g. whether and how to implement its proposed Private Co Standards Improvement Council, a decision that is expected to be deliberated if not decided at the FAF's May meeting.
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Posted:
5/3/2012 12:59:04 PM by
Ms. Edith Orenstein | with
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The cover story to this month's issue of Financial Executive magazine is a must read for the social media illuminati: Social Technology: The Next Frontier. Other articles in this month's edition range from the benefits of continuous monitoring, to global tax management, valuing contingent consideration, cyberrisk, and more.
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Posted:
5/2/2012 12:52:29 PM by
Ms. Edith Orenstein | with
0 comments
On June 7, the SEC Historical Society (SECHS) is sponsoring what looks to be a really great webcast, featuring two former FASB Chairmen, Denny Beresford and Ed Jenkins, and a former SEC Chief Accountant, A. Clarence Sampson, moderated by retired PwC partner George Fritz, speaking on: "A Creative Irritant: The Relationship between the SEC and Accounting Standard Setters."
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Posted:
5/1/2012 12:49:47 PM by
Ms. Edith Orenstein | with
0 comments