Accounting

CCR Update: May 2015

CCR and CBF are currently considering the EITF’s discussions on benefit plan simplifications and considering submitting a comment letter on additional areas that the EITF may consider in the future around plan accounting and disclosures.CCR and COT are currently drafting a comment letter in response to FASB’s discussions on increased disclosures related to undistributed foreign earnings. The committees aim to file the letter in late May.CCR is working with EY on a new project Disclosure Effectiveness: Word Count or the Words that count. This report will help educate FEI members on current trends on 10Q and 10K reporting and best practices in streamlining an organization filing.

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