CCR Polls Members On FIN 46 Deferral

November 2003
Financial Executive;Nov2003, Vol. 19 Issue 8, p61
Academic Journal
This article focuses on the issue of accounting for variable-interest entities in the U.S. The author examines the decision of the Financial Accounting Standards Board (FASB) to defer the adoption of FIN 46 and discusses what this will mean for U.S. corporations. The regulation deals with the consolidation of Variable Interest Entities and the author also examines the results of a survey on how companies were reacting to the adoption conducted by the Financial Executive Institute. The author adds that with many companies reporting that they will delay adoption until the fourth quarter the FASB may release additional guidance.


Related Articles

  • The Panel. Dawes, Jeanette // Charter;Sep2012, Vol. 83 Issue 8, p46 

    The article focuses on the Australian Charities and Not-for profits Commission (ACNC) legislation updates. The IASB and the U.S. Financial Accounting Standards Board (FASB) have made significant progress in recent months on their leases and insurance contracts convergence projects. Wth regard to...

  • FASB Wants Feedback on Codification. Williams, Kathy // Strategic Finance;Feb2008, Vol. 89 Issue 8, p21 

    The article reports that the Financial Accounting Standards Board (FASB) began the verification phase of its Accounting Standards Codification in January, 2008, which will last through the years. FASB asks its constituents to use the Codification Research Web site to provide feedback on whether...

  • Reflections on FASB at 40. Murphy, Maria L. // CPA Journal;Oct2013, Vol. 83 Issue 10, p80 

    The article discusses the highlights of the Financial Accounting Standards Board (FASB)@40 conference. The conference focused on its new chair, Russell G. Golden who presented his vision and mission for FASB during the event. His priorities include improving efficiency, effectiveness of agenda...

  • Need versus cost and complexity. LARSON, GAYLEN N. // Financial Executive;Sep/Oct88, Vol. 4 Issue 5, p24 

    The author comments on the need for adhering to generally accepted accounting principles (GAAP) in the preparation of financial reports for both internal and external uses. He states the best method of establishing and maintaining GAAP is through the U.S. Financial Accounting Standards Board...

  • Financial Performance Reporting: Striking a Balance Between Transparency and Simplicity. Sayther, Colleen // Financial Executive;Jan/Feb2004, Vol. 20 Issue 1, p6 

    In this article the author discusses some of the changes that have been enacted by the Financial Accounting Standards Board (FASB) in order to promote more transparency in the financial reporting of U.S. corporations. She examines the main objectives of FASB's redesigned income statement titled...

  • Practice Issues and Questions & Answers Relating to AU Section 341, The Auditor's Consideration of an Entity's Ability to Continue as a Going Concern. Georgiades, George // GAAS Update Service;10/15/2008, Vol. 8 Issue 19, p1 

    The article provides information on the proposed final FASB Staff Positions (FSPs) by the Financial Accounting Standards Board (FASB), which includes the FSP FAS 157-1 and the FSP FAS 157-2. It analyzes accounting pronouncements as well as discusses the provisions and guidelines stated in them....

  • A Comprehensive Accounting Framework for Evaluating Executory Contracts. Cramer Jr., Joe J.; Neyhart Jr., Charles A. // Journal of Accounting, Auditing & Finance;Winter79, Vol. 2 Issue 2, p135 

    Until the time when the FASB projects on the conceptual framework for accounting standards are finally brought to a conclusion, it will be said that the problems of financial reporting have been dealt with on a subject-by-subject basis instead of by extrapolating from general concept to specific...

  • September 13 Deadline for Comments on FASB Lease Accounting - Second Exposure Draft.  // GPP eNews;9/3/2013, p1 

    The article informs that September 13, 2013 is the deadline for public comments to the revised "Proposed Accounting Standards Update" on leases of the U.S. Financial Accounting Standards Board (FASB).

  • CONSIDER YOUR OPTIONS (CAREFULLY). AKRESH, MURRAY S.; FUERSICH, JANET // Financial Executive;Nov/Dec95, Vol. 11 Issue 6, p45 

    The article focuses on Financial Accounting Standards Board pronouncement Statement 123 concerning stock compensation regulation. It states that the majority of businesses will use current rules under Accounting Principles Board Opinion 25 because Statement 123 will result in higher compensation...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics