Close
Close

Disclosures for government assistance agreements proposed

Contents
FASB
     Proposal issued on disclosures by businesses about government assistance
     Highlights of November 11 meeting posted
          Leases
          Financial instruments − recognition and measurement
          Financial instruments − impairment
          Disclosure framework for fair value measurement
EITF meeting held on November 12
     Final consensuses
          Issue 15-B: “Recognition of Breakage for Prepaid Stored-Value Cards”
          Issue 15-D: “Effect of Derivative Contract Novations on Existing Hedge Accounting Relationships”
          Issue 15-E: “Contingent Put and Call Options in Debt Instruments”
     Consensus-for-exposure
          Issue 15-F: “Statement of Cash Flows: Classification of Certain Cash Receipts and Cash Payments”
AICPA board issues draft on peer review program
PCAOB publishes reorganized auditing standards
Comment letter issued

[Download the PDF]