Governance, Accounting & Compliance

• 401K (k) Plan Bundled Provider RFP
• Sept. 9, 2011 Extension - Raising the Bar: Tougher Reporting Requirement for Foreign Bank Account Holders (Whitepaper)
• Answers to Common FBAR Questions

 Governance, Accounting & Compliance Weekly will keep you abreast of key issues and potential changes with respect to accounting, financial reporting, corporate governance, regulatory changes, among many other topics. It includes commentary, news briefs, a forward calendar, regulatory changes, and practical tips for financial professionals. Learn more | Subscribe

• April 25, 2012 - AFP Asks FASB, IASB to Re-Expose Lease Accounting Proposal
• February 22, 2012 - AFP Comments to the House Ways and Means Committee on tax reform
• December 14, 2011 - AFP Comments on FAF's Plan to Establish_the_Private Company Standards Improve Council
• September 12, 2011 - AFP Comments to FinCEN and the IRS on FBAR
• July 29, 2011 - AFP Comments to the SEC on exploring methods of converting to IFRS
• March 11, 2011 - AFP Comments on Proposed Hedge Accounting Standards
• Comment Letter Archives

• FBAR Deadline Extended for Certain Finance Pros
  FinCEN said last week that it has further extended the FBAR deadline for individuals who have signature authority over foreign accounts but no financial interest in them. Treasury and finance professionals with the ability to direct cash flow in their organizations’ foreign accounts now have until June 30, 2014 to report.
• Keys to Effective Capex Management
  In today's resource-constrained environment, the pressure is on to reduce capex and opex. What is inputted today as a capital investment and an asset may have strong future impact on operational efficiencies and return on investment (ROI) figures....
• Treasury Alert: Is There a Fatal Flaw in the New IFRS 9?
  A single paragraph in the proposal is giving accountants, industry pros and corporate practitioners severe heartburn. If the language survives, cash flow hedges of FX will potentially cause significant volatility in income statements.
• AFP Conference Preview: Key Issues for End-Users of Derivatives
  Daniel Vogel of Barclays Corporate U.S. Division discussing his upcoming roundtable at the 2012 AFP Annual Conference, which focuses on key issues for corporate end-users of derivatives.
• Best Practices: Why Corporates Should Adopt OIS Rates
  Most FIs have made the switch to using OIS, but many corporates have not. It is important to understand the rise of OIS and how it can be incorporated into existing processes to ensure that organizations are prepared when asked to use this new methodology for hedge accounting and valuations of their derivatives portfolio.