FASB Exempts Private Cos. From Certain Revenue Recognition Disclosure Requirements
At its June 8 board meeting, FASB decided to exempt private companies from certain disclosure requirements in its upcoming standard on revenue recognition.
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.
FEI Express Private Company Edition #86
FEI Express Private Company Edition #84
FEI Express Private Company Edition #83
FEI Express Public Company Edition #84
SEC Issues Interpretive Guidance On Climate Change Disclosures
At an open commission meeting earlier today, the SEC voted to publish interpretive guidance relating to existing disclosure requirements, as applicable to climate change.
SEC Approves Rules On Disclosure Of Compensation, Risk, Corporate Governance
At its open commission meeting on Dec. 16, 2009 the SEC voted 4-1 to approve final rules requiring new disclosures relating to executive compensation and corporate governance.
FASB Adds Project On Disclosure Framework To Its Agenda
FASB Chairman Robert Herz announced on July 8, 2009 that FASB is adding a project on the Disclosure Framework to its agenda.
Proposal On Disclosures About Credit Quality, Allowance For Credit Losses Issued By FASB
On June 24, 2009 FASB released an Exposure Draft of a proposed standards on disclosures about credit quality and the allowance for credit losses.