FEI Financial Reporting Blog

FEI Financial Reporting Blog provides highlights from SEC, PCAOB, FASB, IASB, and other regulatory news, including news relating to reporting under Sarbanes-Oxley Section 404. It is written by Edith Orenstein, Director of Technical Policy Analysis at Financial Executives International (FEI), an association of over 15,000 senior financial executives.

FASB Scopes Out Lessors From Leasing Project; Nears Proposal on Disc Op's

Times read: 3

07/25/08

Here are the results of the July 23, 2008 FASB board meeting on leasing and discontinued operations.
Read More!

Share My Voice

Treasury Adv. Comm. on Audit Prof'n Issues 2nd Draft Report ; Deputy Chief Acc't ZVP Leaving SEC

Times read: 33

07/22/08

Earlier today, the Treasury Advisory Committee on the Auditing Profession (ACAP), co-chaired by former SEC chairman Arthur Levitt, Jr. and former SEC chief accountant Don Nicolaisen, voted to publish for public comment its Second Draft Report for a 30 day comment period. Separately, Nicolaisen noted that SEC Deputy Chief Accountant Zoe-Vonna Palmrose, an observer at the meeting, is leaving the SEC at the end of the month to return to academia.
Read More!

Share My Voice

Monitoring Group, Enlargement of IASB Board, Proposed In Discussion Doc Issued by IASCF Today

Times read: 25

07/21/08

Earlier today, the IASCF, which oversees the IASB, published for public comment a Discussion Document entitled: “Review of the Constitution: Public Accountability and the Composition of the IASB - Proposals for Change.” The comment deadline is Sept. 20.

Read More!

Share My Voice

It's the Governance, Guv

Times read: 73

07/18/08

Three articles on governance appear in the current (July-August) issue of Financial Executive Magazine.
Read More!

Share My Voice

SEC Seeks Comment On Fair Value Accounting By July 23

Times read: 53

07/17/08

SEC has posted a request for comment on fair value accounting, in conjunction with its recent roundtable on this subject. Comments are due July 23. We have posted additional highlights from SEC's July 9 roundtable on fair value.
Read More!

Share My Voice