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FASB Reports and News Items

2012

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U.S. GAAP Financial Reporting Taxonomy Now Available — December 21, 2012Financial Accounting Foundation Appoints Three New Members to Its Board of Trustees — December 21, 2012FASB Proposes Improvements to Accounting for Credit Losses on Financial Assets — December 20, 2012FASB to Webcast Technical Forum for Continuing Professional Education Providers — December 17, 2012FASB and Center for Audit Quality Issue Forum Observations Summary on Disclosure Effectiveness — December 12, 2012Report on First PCC Meeting to Be Featured in December 13 Webcast, IN FOCUS: FASB Update for Nonpublic Entities — December 11, 2012Financial Statement Disclosure Effectiveness: Forum Observations SummaryPrivate Company Council Holds Inaugural Meeting, Identifies Four Areas for Study — December 6, 2012First Meeting of the Private Company Council (PCC) — December 5, 2012Financial Accounting Foundation Appoints Four New Members to the Financial Accounting Standards Advisory Council — December 4, 2012FASB Issues Proposal to Clarify Scope of Disclosures That Apply to Balance Sheet Offsetting of Assets and Liabilities — November 26, 2012FASB Extends Disclosure Framework Comment Period to November 30 — November 2, 2012FASB Extends Invitation to Comment on Private Company Decision-Making Framework Staff Paper to November 9 — November 1, 2012Registration Opens for November 9 Webcast, In Focus: Accounting for Credit Losses on Financial Instruments — October 31, 2012Newly Created Private Company Council to Hold Inaugural Public Meeting on December 6 — October 18, 2012Former CFA President Jeffrey J. Diermeier Elected FAF Chairman; Ann Marie Petach Appointed to Board of Trustees — October 17, 2012Register Today for the FASB’s "Encore" CPE Webcast on the Private Company Decision-Making Framework Project on October 18 — October 15, 2012Financial Accounting Foundation Appoints Members To Newly Created Private Company Council — September 19, 2012Representatives of the Financial Accounting Standards Board and the Accounting Standards Board of Japan Hold Biannual Meeting — September 17, 2012Financial Accounting Standards Board Announces "Encore" CPE Webcast on Private Company Decision-Making Framework Project — September 17, 2012Registration Opens for September 24 Webcast, In Focus: Expanded Coverage of Proposed 2013 Taxonomy Including XBRL Data in Use — September 10, 2012Financial Accounting Standards Board Announces Three New Members Appointed to the Emerging Issues Task Force — September 10, 20122013 U.S. GAAP Financial Reporting Taxonomy Now Available for Public Review and Comment — August 30, 2012Registration Opens for September 14 Webcast, In Focus: The FASB Private Company Decision-Making Framework Project — August 24, 2012FASB Publishes Proposal for Presenting Items Reclassified Out of Accumulated Other Comprehensive Income — August 16, 2012FASB In Focus — August 16, 2012 (FASB Proposal on Improving the Presentation Requirements for Reclassifications Out of Accumulated Other Comprehensive Income)Registration Opens for September 5 Webcast, In Focus: The FASB Disclosure Framework Project — August 14, 2012FASB/IASB Update — Part I (Thomas J. Linsmeier, FASB Member, and Patricia McConnell, IASB Member — August 5, 2012)FASB/IASB Update — Part II (Thomas J. Linsmeier, FASB Member, and Patricia McConnell, IASB Member — August 5, 2012)FASB/IASB/SEC Update (Thomas J. Linsmeier, FASB Member — August 5, 2012)FASB In Focus — July 31, 2012 (Invitation to Comment—Private Company Decision-Making Framework: A Framework for Evaluating Financial Accounting and Reporting Guidance for Private Companies)FASB Seeks Input on Private Company Decision-Making FrameworkFAF Seeks Survey Participants for Post-Implementation Review of FASB Statement No. 141R — July 30, 2012FASB In Focus — July 27, 2012 (FASB Simplifies Guidance for Testing Indefinite-Lived Intangible Assets for Impairment)FASB Issues Accounting Standards Update to Simplify Testing of Indefinite-Lived Intangible Assets For Impairment — July 27, 2012Remarks of FASB Chairman Leslie F. Seidman at the AICPA National Advanced Accounting and Auditing Technical Symposium (NAAATS), Chicago, Illinois — July 20, 2012FASB In Focus — July 12, 2012 (FASB's Invitation to Comment on Disclosure Framework)FASB Seeks Input on Disclosure Framework — July 12, 2012FASB In Focus — July 2, 2012 (Proposed Accounting Standards Update (ASU), Presentation of Financial Statements (Topic 205): The Liquidation Basis of Accounting)FASB In Focus — June 27, 2012 (FASB Proposal on Liquidity Risk and Interest Rate Risk Disclosures)FASB Publishes Proposal for Disclosing Liquidity and Interest Rate Risk — June 27, 2012Register Now for June 28 Webcast, In Focus: FASB Update for Nonpublic Entities — June 22, 2012IASB and FASB Agree on Lease Accounting Approach — June 13, 2012Remarks Delivered by FASB Chairman Leslie F. Seidman at the Compliance Week Conference — June 4, 2012Registration Opens for June 28 Webcast, IN FOCUS: FASB Update for Nonpublic Entities — June 4, 2012Financial Accounting Foundation Issues Request for Nominations for New Private Company Council — June 1, 2012Establishment of the Private Company Council, Final Report — May 30, 2012Financial Accounting Foundation Establishes New Council to Improve Standard Setting for Private Companies — May 23, 2012FAF Seeks Survey Participants for Post-Implementation Review of FASB Statement No. 131 — May 18, 20122011 Annual Report of the Financial Accounting FoundationWritten Testimony Submitted to the U.S. House of Representatives Financial Services Subcommittee on Capital Markets and Government Sponsored Enterprises (Leslie F. Seidman, Chairman — March 28, 2012)Written Testimony Submitted to the U.S. House of Representatives Financial Services Subcommittee on Oversight and Investigations (Susan M. Cosper, Technical Director — March 28, 2012)2012 U.S. GAAP Financial Reporting Taxonomy Adopted and Supported by SEC Effective March 26, 2012 — March 27, 2012FAF Publishes Learning Guide for the FASB Accounting Standards Codification Research System — March 21, 2012FASB Responds to Financial Accounting Foundation’s Post-Implementation Review Report on FIN 48 — March 20, 2012 FASB Chairman Adds an Agenda Project on Defining 'Nonpublic Entities' — March 7, 2012 Statement Submitted by FAF President & CEO Teresa S. Polley With Request That It Be Included in the Record for the Hearing on 'Spurring Job Growth Through Capital Formation While Protecting Investors, Part II' Before the U.S. Senate Committee on Banking, Housing, and Urban Affairs — March 6, 2012FASB to Host March 12 Video Webcast, 2012 Chairman’s Outlook on the FASB, with Leslie F. Seidman — March 5, 2012March 16 Is the Deadline for Comment on GASB’s Proposed Reporting of Financial Projections for Assessing Economic Condition of Governments — February 29, 2012FASB and IASB to Address Frequently Asked Questions on Revised Exposure Draft, Revenue From Contracts With Customers, in February 29 Webcast — February 24, 2012FASB and IASB to Host a Series of Outreach Meetings on Revised Revenue Recognition Proposals — February 17, 2012FAF Releases Updated Print Edition of FASB Accounting Standards Codification — February 16, 2012Representatives of the Accounting Standards Board of Japan and the Financial Accounting Standards Board Hold Biannual Meeting — February 10, 2012IASB and FASB Seek to Reduce Differences in Classification and Measurement Models for Financial Instruments — January 27, 2012FASB Publishes Proposal for Impairment of Indefinite-Lived Intangible Assets — January 25, 2012FASB In Focus — January 25, 2012 (FASB Proposes Simplified Guidance for Testing Indefinite-Lived Intangible Assets for Impairment)U.S. GAAP Financial Reporting Taxonomy Now Available — January 18, 2012FASB Standard on Uncertain Income Tax Positions Generally Achieved Its Purpose, FAF Review Team Concludes — January 12, 2012Post-Implementation Review Report on FASB Interpretation No. 48, Accounting for Uncertainty in Income TaxesFASB Update: Financial Statement User Edition — January 2012