FASB rejects requests for changes to rule
- FASB staff announcement on SFAS Nos. 117 and 124. // CPA Journal;Jun96, Vol. 66 Issue 6, p10
Reports on the controversies involving statements issued by the Financial Accounting Standards Board. Includes requirements of the Uniform Management of Institutional Funds Act; Classification of net appreciation on investments of donor-restricted endowments; Outline of the controversial...
- Board relaxing some FAS 140 amendment provisions. M.G. // Asset Securitization Report;9/29/2003, Vol. 3 Issue 37, p5
Reports on the U.S. Financial Accounting Standards Board's (FASB) tentative loosening of some of the hard-line provisions in the Exposure Draft of proposed amendments to FAS 140. Limitation of the requirements for legal isolation in a qualified special purpose entity (QSPE) to the transferor;...
- Accounting rule hurts banks ability to sell from portfolios. Berton, Lee // Hudson Valley Business Journal;1/23/95 - 1/30/95, Vol. 6 Issue 19, FOCUS Magazine p16
Focuses on the impact of the Financial Accounting Standards Board's accounting rule that forces bank to value debt securities at current market prices. Hindrance to the sale of held-to-maturity bonds; Improvement of disclosure for investors.
- FASB agrees to tighter rein on rule-making. // Corporate Board;Jan/Feb90, Vol. 11 Issue 60, p27
Reports on the US Financial Accounting Standards Board's (FASB) decision to establish a tighter rein in accounting rule-making.
- Government. O'Reilly-Allen, Margaret // Pennsylvania CPA Journal;Winter99, Vol. 69 Issue 4, p14
Presents an update on the General Accounting Standards Board's five-year Performance Measurement Project and discusses its service efforts and accomplishments (SEA) performance measurements. Categories of SEA indicators; Use of SEA to manage results; Inclusion of information about SEA...
- FASB Ends the Use of 'Pooling'. Finkelstein, Brad // National Mortgage News;02/05/2001, Vol. 25 Issue 19, p6
Reports that the United States Financial Accounting Standards Board (FASB) has agreed to eliminate the use of pooling-of-interests method of accounting. Use of the pooling method in transactions of banks, thrifts and mortgage companies; Opposition to the method by members of Congress and the...
- Only a Few Rush to Beat The Farewell to Pooling . Thompson, Laura K. // American Banker;6/25/2001, Vol. 166 Issue 121, p9
Focuses on pooling or merger accounting rules approved by the United States Financial Accounting Standards Board (FASB) in May 2001. Elimination of pooling-of-interests accounting, which lets companies combine their assets and liabilities and suffer no effect on earnings; Ruling that goodwill...
- FASB Clarifies Interaction Between Topic 740 and ASU 2009-06. // New Jersey CPA;Jan/Feb2010, p6
The article reports that the effective dates relating to Topic 740 on accounting for uncertainty in income taxes and the application guidance issued in Accounting Standards Update (ASU) 2009-06 have been clarified by the Financial Accounting Standards Board (FASB) in the U.S.
- Proposed amendment to SSAP19: Accounting for investment properties. // Management Accounting: Magazine for Chartered Management Account;Jun94, Vol. 72 Issue 6, p3
Reports on the Accounting Standards Board's (ASB) publication of a Financial Reporting Exposure Draft called the FRED9, proposing a limited amendment to SSAP 19. Purpose of proposed amendment; Movements in the valuation of investment properties; Deficits on individual investment properties.