Financial Accounting and Reporting News

• Financial Accounting and Reporting: Managing Complexity
• Balancing Act: Creating Your Culture of Accountability
• Accounting & Financial Reporting Newsletter | Join the Distribution List
• AFP Urges SEC to Exercise Authority Over Credit Rating Agencies
• Update: International Financial Reporting Standards News
• Few Steps Closer to IFRS: US Sentiment Shifts Toward International Standards
• February 2008 Accounting Newsletter | Join the Distribution List
• AFP Launches Newsletters on Transition to IFRS, Impact of Credit Crisis
• FASB Annual Survey Asks GAAP vs IFRS Question
• SEC Chairman Issues Statement on Improvements in Financial Reporting
• Valuing ARS Now that Dealers Are Supporting Fewer Auctions
• IFRS Update: AFP Articles on International Financial Reporting Standards
• Commentary: Are We Ready for International Accounting Standards?
• Hedge Effectiveness: The Wild Card in Accounting for Derivatives
• Data Management: Credit Crunch Puts Intense Focus on Internal Controls
• Cash Column: The Risk of Reported Information
• January 2008 Accounting Newsletter | Join the Distribution List
• Behind the Disagreement on EC, US Accounting Standards Compliance
• Impact of Technology on Compliance: Streamlining Recordkeeping
• December 2007 Accounting Newsletter | Join the Distribution List
• SEC Holds Two Roundtables on IFRS for Domestic Companies
• FSP Position to Delay Part of FAS 157 Released
• SEC Proposes Additional SOX 404 Delay for Some Small Companies
• New Business Combinations Standard Issued by FASB
• Additional Reliance on Foreign Audit Regulators Proposed
• New Financial Reporting Format Released for Public Review
• FASB Releases Preliminary Views on Fin. Instruments with Characteristics of Equity
• Mission Accomplished: When Outsourcing Receivables Makes Sense
• AFP Urges SEC to Take Action on Conflicts of Interest in Credit Rating Agencies
• Financial Accounting and Reporting: Valuation Issues for Failed Auctions
• Subprime Fallout: Cautions for Treasurers on Auction Rate Securities
• SEC Votes to Accept Foreign Registrant IFRS Financial Statements
• November 2007 Accounting Newsletter | Join the Distribution List
• FASB Votes for Delay of FAS 157 for Non-Financial Assets
• Payments: Four Banks Discuss Exceptions and Investigations
• FIN 48 Delay for Non-Public Companies
• SEC Staff Changes View on Fair Value using Future Servicing Cash Flows
• New International Accounting Monitoring Body
• PCAOB SAG Group Meets
• FASB Votes Against Total Delay of FAS 157
• Innovation and Regulation
• Height of Success: Pinnacle Award Winner to be Announced
• AFP Survey Finds Trade Finance Tools Evolving
• Financial Accounting: Risks Rebalanced Due to Late Summer Liquidity Problems
• October 2007 Accounting Newsletter | Join the Distribution List
• FAS 140 to the Rescue of Subprime Mortgages
• AFP Files Letter on FAS 133 and IAS 39
• Another SEC Commissioner to Leave
• Recommendation Made for Delay in FIN 48 for Private Companies
• September 2007 Accounting Newsletter | Join the Distribution List
• Make Sure Your Auditor is Registered
• AFP Announces New Leadership for gtnews
• Proposed FASB Staff Position on Convertible Debt Instruments (FSP APB 14-a)
• Phase II Pension Project Clarified
• August 2007 Accounting Newsletter | Join the Distribution List
• FAS 140 to the Rescue of Subprime Mortgages
• SEC Committee Formed to Improve Financial Reporting
• AFP Finds Compensation For Financial Professionals Continues to Grow
• Accounting Standards for Non-Public Companies Diverge, Committee Formed
• SEC Issues Concept Release on IFRS
• SEC Board Officially Approves AS-5
• FAS-140 Accounting for Transfers of Financial Assets and Repurchase Financing
• The Bottom Line: Revival - Bankruptcy or Value Play
• New E-newsletter Offers Quick Updates from AFP's Accounting Expert
• FASB Issues Clarification for 'Shortcut Method' of Hedge Accounting
• PCAOB and Audit Independence
• July 2007 Accounting Newsletter | Join the Distribution List
• FIN 48 on Tax Disclosure and the IRS
• FASB Considers Tighter Rules on Intangible Asset Amortization
• SEC Proposes Relief and Simplification for Small Companies
• SEC Advisory Committee Formed
• SEC Commissioners Meet Congress
• PCAOB Concerned about Valuations
• FASB to Establish Resource Group
• PCAOB SAG Meets
• An Ounce of Prevention: Cautionary Comments About Hedge Documentation
• FASAC Considers XBRL, International Convergence
• SEC Board Votes to Drop Foreign Private Issuers Reconciliation Requirement
• Stock Option Backdating: The Next Treasury Problem?
• New SEC Oversight of FASB Activities Changes Climate
• SEC Holds Roundtable on Mutual Recognition
• International Employee Benefits Working Group Meets
• June 2007 Accounting Newsletter | Join the Distribution List
• Congress Pressures Regulators to Delay SOX 404 Changes
• QSPE Will Be Eliminated
• SOX 404 Internal Control Guidance Reform
• AFP EconWatch - May 23, 2007 | Join The Distribution List
• FASB Continues Work on New Balance Sheet Format
• Financial Reporting and Accounting: The Forensic Audit
• May 2007 Accounting Newsletter | Join the Distribution List
• AFP EconWatch - May 16, 2007 | Join The Distribution List
• Clarifying Cash: An Interview With AFP's John Rieger
• Shortcut to Trouble: Ford Restatement of Earnings a Surprise
• AFP EconWatch - May 9, 2007 | Join The Distribution List
• Association for Financial Professionals Acquires gtnews
• U.S. & European Mutual Recognition of Accounting Standards by 2009
• AFP EconWatch - May 2, 2007 | Join The Distribution List
• SEC and Financial Reconciliation
• Joint FASB/IASB Meeting Held in London
• Economic Panel: Greenspan, Buffett, Paulson, Rubin, Volker, Levitt, Bloomberg
• Fair Value and Intangible Assets - What's Next?
• The Road Back to Regulatory Balance
• April 2007 Accounting Newsletter | Join the Distribution List
• SEC Meets to Discuss SOX 404 Reform
• SEC Publishes Delisting Rules for Foreign Companies
• March 2007 Status Update Newsletter
• FASB Discusses "Broken" FAS 133
• FASB Votes to Drop Cash Equivalents
• AFP EconWatch - March 21, 2007 | Join the Distribution List
• Congressional Reform of SOX 404 Proposed
• FAS 133 Derivative Documentation Issues
• Inverted Temptations: Don't Get Trapped by an Abnormal Yield Curve
• Corporations and Auditor Liability Caps
• AFP Submits Comments on SEC Rating Agency Proposal
• PCAOB and EU Commissioner Meet to Discuss Audit Roadmap
• FASB Tightens Rules on Contingent Liabilities for Business Combinations
• Liquidity vs. Profitability: Why Both Are Important
• FASB Issues Final Standard on Phase I for Fair Value Option
• AFP EconWatch - February 28, 2007 | Join the Distribution List
• FASB Issues Final Standard on Phase I for Fair Value Option
• IASB and FASB Working Group on Lease Accounting Meets
• Accounting Standards for Small and Medium-Size Entities Released
• AFP EconWatch - February 21, 2007 | Join the Distribution List
• Treasury Controls and Sarbanes-Oxley, a Practical Guide
• Start Planning for XBRL
• PNC Sponsors the Prestigious AFP Honors Program
• New FAS 123r Stock Option Valuation Alternative
• AFP EconWatch - January 31, 2007 | Subscribe Now (NEW!)
• Looking Ahead: Financial Accounting & Reporting 2007
• Pension Regulation and Accounting Changes Bring New Challenges
• AFP EconWatch - January 24, 2007 | Subscribe Now (NEW!)
• 2006: A Busy Year in Washington
• SAS 70 and Treasury, Time for a Change
• FASB Requests Comments on Valuation Guidance for Financial Reporting
• FASB Refuses to Delay Fin 48
• AFP Offers New Way to Subscribe to Newsletters
• January 2007 Financial Accounting & Reporting Newsletter | Join the Distribution List
• FASB Requests AFP Views on Cash Equivalents
• Time to Start Modeling Financial Statements
• The AFP Studio Featured Interview: Loren Starr, CTP
• SEC Issues Proposed SOX 404 Interpretive Guidance
• New SOX 404 Audit Standard Proposed, PCAOB Cites AFP Letter
• Additional 404 Relief for Smaller and New Public Companies
• Banks and Thrifts to be Exempt from New Pension Accounting Standard
• SEC Proposes New Delisting Rules for Foreign Private Issuers
• SEC to Issue Guidance on SOX 404
• New FAS 133 Disclosure Rules Proposed
• FASAC Quarterly Meeting
• SEC to Consider Easing Rules on Foreign Private Issuers
• IASB and FASB Form International Working Group on Lease Accounting
• Report on U.S. Capital Markets Competitiveness Issued
• Do Regulators Really Care About the "Tone at the Top?"
• FASB to Issue Standard that Limits Hedge Accounting for Forecasted Issuance of Debt in Foreign Currency
• Accounting Rules for Uncertain Tax Positions
• International Accounting Convergence: Good, Bad or Impossible?
• AFP Opens Call For Proposals For 2007 AFP Annual Conference
• Joint Roundtables Planned by IASB & FASB
• International Accounting for Small and Medium-sized Entities
• CEOs of Six Largest Global Audit Firms Issue Joint Policy Paper
• FASB Staff introduces Four Proposed Positions
• The Story on Accounting for Cash Equivalents
• Should Your Company Go Private?
• Book Review: A Passion for Derivatives
• International Organizations Agree to Creation of Global Auditor Regulator
• FASB and IASB Hold Joint Meeting, Discuss Convergence of Standards
• PCAOB Issues Q&A on Auditing Options
• FASB Issues New Pension Rules
• AFP Launches "AFP Podcast," A Complimentary Audio Content Offering
• Evaluating the Future Viability and Effectiveness of Independent Auditors for Publicly Traded Companies
• Whitepaper: Basics of Business Tax in China
• How Well is Your Auditor Auditing?
• Congressmen Meet with Regulators on Stock Option Backdating
• IASB Staff Drafting Accounting Standards for Small and Medium-Sized Entities
• Standardized RFPs Now an Exclusive Benefit of AFP Membership
• SEC Proposes Additional Section 404 Relief for Smaller Companies
• Opinion: Managing the Perception of Risk to Reduce Compliance Costs
• The New CFO: Fighting Bureaucracy for a Better Company
• Auction Rate Securities, Treasurers and Fair Play
• The Bottom Line: Ducks in a Row, the Real Meaning of Subcertification
• SOX 404 Weaknesses Just Accounting Complexity
• From the President & CEO: Add Another Acronym
• SEC and Committee of European Securities Regulators Publish Work Plan
• SEC Votes to Adopt New Compensation Disclosure Requirements
• IASB Announces Freeze on New Accounting Standards
• International Accounting Standards Board to Add Related Party Disclosure Project
• FASB Board Meeting Coverage
• AFP Calls on FASB to Update FAS-95 Definitions of Cash Equivalents
• Technology, Financial Reporting Strengthening, CFOs Say
• European Commission Establishes Expert Accounting Group
• SEC Issues Concept Release as Prelude to Guidance for Management on SOX 404
• SOX 404 Deadline for Foreign Firms
• FASB Issues Preliminary Views for Comment on Framework for Financial Reporting
• Global Treasury: Managing Cash in Emerging Markets
• FASB Holds Pension Roundtable
• FASAC Holds Quarterly Meeting
• Corruption Risk: Internal Controls for International Business
• Financial Reporting Risk: A Threat That Can Quickly Bring a Company to its Knees
• NYSE and NASD Global Expansion and the Message
• SEC Chairman Considers Expansion of Compensation Disclosure Rules
• FASB, AICPA Issue Joint Proposal on Differential Accounting for Private Cos
• Senate Banking Committee Approves Regulatory Relief Legislation
• Bill Introduced to Exempt Certain Companies from SOX 404
• SEC Announces Next Steps for Sarbanes-Oxley Implementation
• Former Gemstar Execs Punished For Fraud While Former Enron Execs Wait
• FASB and IASB vote to Begin Process of Revising Leasing Standards
• SEC Advisory Committee on Smaller Public Companies Releases Final Report
• AFP's Government Relations Committee (GRC) holds Spring Meeting
• Rules on Accounting Leases Headed for Change
• FASB Releases Phase I Exposure Draft on Pension
• Financial Services Subcommittee Holds Hearing on Accounting
• Securities and Exchange Commission to Begin Review of IFRS
• IASB Issues Exposure Draft on Financial Statement Presentations
• Checklist: The Skinny on What Auditors Can or Cannot Do for You
• FASB Votes to Change Derivative Rules
• Convergence: Do We Need Simplified Accounting Standards?
• What Aspiring Financial Professionals Should Know, from Hyperion's CFO
• FASB and IASB Reaffirm Commitment on Accounting Convergence
• Chinese Ministry of Finance Agrees to Convergence of Accounting Standards
• AICPA Requests Survey Assistance from AFP Members
• Big-4 CPA Firms Now Target VRDNs
• SEC and PCAOB Seek Comments on Experiences with Section 404 Requirements
• House Subcommittee to Hold Hearing on Interchange Fees
• FASB Issues Exposure Draft on “Fair Value Option”
• Letter to Members: Chairman, CEO Discuss AFP's Strategic Successes
• What a New SEC Commissioner Sees for SOX and Economic Freedom
• Viewpoint: Hedge Funds a Corp Governance Concern to Investors, Public Cos
• Canadian Accounting Board Opts for International Standards
• SEC Changes Rules on 10-K and 10-Q Filings
• FASB Staff Provide Recommendations for Phase 1 Pension Project
• IASB Seeks Comments on Draft Report on Initial Market Value
• PCAOB Releases Report on Internal Control Implementation
• FASB Votes to Table a Project on Reporting Financial Performance
• SEC Small Business Advisory Panel Expected to Issue 404 Recommendations
• Students Rank Accounting Firms Among Most Desirable Places to Work
• Accounting Professionals Demand Exceeds Supply
• Cash: Moving It, Managing It, Bringing It Home, Paying Your People to Do It Right
• Financial Accounting Viewpoint: What is Cash?
• Financial Accounting Standards Board Votes for Major Pension Accounting Project
• European Commission and IASB Resolve IFRS Reporting Exception
• Long Awaited Guidance on Internal Control Released
• Forensic Accountants Are In Greater Demand Than Ever
• SEC Provides Relief to Companies Affected by Hurricane Katrina
• FASB Clarifies FAS-115 Issues Related To Hurricane Katrina
• Too Big To Fail: Will Regulators Allow The Big-4 To Shrink To Three?
• Financial Accounting Standards Continue To Discourage Risk Management Vehicles
• Additional Time on 404 Compliance for Small Companies
• FASB Releases Three Exposure Drafts
• Demand for CPAs Continues to Grow
• SOX News Brief: Independence Standards on Tax Services by Auditors
• SEC Survey Offers Opportunity to Submit SOX Opinions
• Opinion: Did You Spend 80% On Compliance To Control 20% Risk?
• Financial Accounting Reporting Method Changes May Impact Credit Relationships
• Tip-Off: Spotting The Clues To Corporate Fraud
• FASB Issues Expected Draft on Business Combinations
• U.S. Government Agencies Work Towards SOX-like Controls
• AFP Calls on FASB to Update FAS 95 Definitions of Cash Equivalents
• AFP Comments To FASB Regarding Accounting For Auction Rate Securities
• Accountants: Start Small To Launch A Big Career
• More On The Confusion With Auction Rate Securities
• Repatriating Foreign Earnings: Tax Breaks, Hedging And Job Creation, Part II
• AFP Sarbanes-Oxley News Briefs, May Update, Now Available
• AFP and Wachovia Seek Entries for 2005 Pinnacle Award
• Salvage Story: How Allied-Waste Re-Engineered Its Balance Sheet
• AFP Takes Action On Auction Rate Securities Issue
• The Sarbanes-Oxley Effect: Is Turnover Due To Compliance Requirements?
• SEC Gives Time Reprieve on Stock Options Expensing
• April Sarbanes-Oxley News Brief Update
• Allied Re-engineers Balance Sheet
• Opinion: Why EITF Turns Best Practice On Its Head
• Best of Both Worlds: Smedal Finds Seams Between Treasury/Accounting
• Bail Out: Why Sarbanes-Oxley Has CFOs Jumping Ship
• AFP Legislative and Regulatory Update, March Edition
• SEC Staff Issues Guidance on FAS 123r
• AFP's Government Relations Committee Meets in Washington, DC
• Fair Value Accounting: Understanding Potential Risks
• Fair Value Accounting: What It Means For Treasury
• Techniques For Controlling Costs of SOX Compliance
• International Payments: Latin America Seeing More EMV Cards
• Smaller Firms "Go Dark" To Avoid Compliance Costs
• Sarbanes-Oxley News Briefs - March Update
• AFP Alert: PwC Interprets Auction Rate Securities As Investments
• Hedge Funds Gain Greater Popularity
• CFOs Report Longer Times Hiring Accountants
• AFP's February Sarbanes-Oxley Update
• AFP's February Accounting Update
• AFP Update, Spring 2005
• Restatements: Deja Vu All Over Again?
• U.S. Clarifies Earnings Repatriation Law
• IRS Issues Guidance on Repatriation
• Survey: Improving Cash Forecasting Process Seen as Priority in Canada
• Stock Accounting Rules Force More Companies to Drop Options Packages
• A Year of Financial Change
• January 2005 Sarbanes-Oxley Update
• Regional Notebook: SOX Compliance Efforts Improve Treasury
• AFP Introduces Practical Guide On Choosing Stock Option Valuation Methods
• What Derivatives Users Need to Know About Sarbanes-Oxley
• Outsourcing Financial Processes in the Era of Sarbanes-Oxley
• Regional Notebook: Lessons Mis-Taught to MBAs
• Sign on the Dotted Line at Your Own Risk: The Controversy Over Subcertification
• Nine of Ten CFOs Say SOX Compliance Not Worth the Effort, Says Study
• SEC Might Grant Short Extension for Sarbanes Reporting Compliance
• Ontario Securities Commission Moves to Adopt SOX-like Standards
• SEC Votes on Rules to Stop IPO Trading Manipulation
• Statute of Limitations under Sarbanes-Oxley Act Section 804 Could Be Expanded
• Opinion: Sarbanes-Oxley Compliance: Prepare For The Long-Haul