Accounting Policy and Practice Report Index-Summary

CANADA

– Accountants seek comment on update of framework for applying privacy principles to business accounting practices, 325; comment period extended, 454
– Auditing standards, auditing board issues standards implementing international rules, 729
– Convergence

– – Accounting equivalence granted by EU to GAAP used in Japan, 38
– – Energy firms behind on implementation timetable, PwC survey shows, 998
– – Private enterprises, final standards approved, entities must decide to use Canadian or IFRS by 2011, 909

– Data breach prevention toolkit for small and medium-sized businesses published by Canadian accountants group, 861
– Mutual audit inspection recognition agreement with E.U. likely, 854

CAP-AND-TRADE

– Emissions trading

See ENVIRONMENT

CAPITAL MARKETS

See also FINANCIAL CRISIS; SECURITIES MARKETS
– Financial system reform

– – Challenges to accounting and financial regulation continue to grow, GAO report shows, 140
– – Committee on Capital Markets Regulation, financial sector regulatory reform proposal detailed, 504
– – Critical flaws in regulatory system warrant significant reform, GAO declares, 98
– – SEC Comm'r Paredes says systemic risk regulator should not be allowed to override existing securities laws, 435
– – Single capital markets regulator, Aguilar urges merger of SEC, CFTC and DOL's Employee Benefits Security Admin., 521
– – Systemic risk should be immediate focus, Dodd (D-Conn) and Volcker say, 119

– Municipal bonds

See MUNICIPAL BONDS

– Politicization of standards setting, market transparency, infrastructure supporting markets, discussed by FASB chair, 618
– Subprime crisis

See SUBPRIME MORTGAGES

CASH FLOW STATEMENTS

– Cash equivalents, IFRIC agrees to research possible guidance, confirms agenda, 266; IFRIC declines to develop guidance, 442
– Joint IASB/FASB insurance contract project, FASB maps out guidance on measuring and determining cash flows, 353
– Presentation

– – Direct cash flow method

– – – FASB and IASB tentatively agree to use, 972
– – – FASB hears details of benefits from analysts, 937
– – – IASB project manager calls unworkable, 636

– – UK independent corporate reporting regulator report on ways to make reports more useful and transparent, 613

CENTER FOR AUDIT QUALITY (CAQ)

– Internal controls

– – AS 5 implementation for nonaccelerated filers, webcast offered, 500
– – Integrated audits, risk-based approach to testing controls promoted in CAQ report, 173
– – Many small public companies did not complete required evaluations in 2007, CAQ alert warns of possible material deficiencies in eyes of SEC, 40

– Journal entries, audit guidance for detecting fraud issued by CAQ, 41
– Public company audit guide published, 447
– Registrations, CAQ offers SEC staff views on incorporating retroactive FASB guidance, 523
– Restructured mortgage loans and related securities, CAQ white paper discusses application of FAS 114, 40

CERTIFIED PUBLIC ACCOUNTANTS (CPAs)

– Client retention top issue for CPA firms, survey finds, 644
– Liability

See AUDITOR LIABILITY

CHARITABLE ORGANIZATIONS

See NONPROFIT ORGANIZATIONS

CHINA

– Convergence

– – Accounting equivalence granted by EU to GAAP used in Japan, 38
– – Wholesale IFRS adoption, China not on road to, taking standards and adapting them, FASB chair says, 815

– Related-party disclosures, IASB revised proposals opened for second round of comment, China's state businesses to benefit, 35

CLASS ACTIONS

See also DERIVATIVE ACTIONS
– BearingPoint, class action suit alleging accounting system fraud, scienter inadequately alleged, investors may amend complaint (4th Cir.), 736
– Cadence Design Sys., class action suit over improper revenue recognition by software design firm tossed for failure to adequately plead scienter (N.D. Cal.), 918
– Continued increase in securities cases likely as result of credit crisis, panelists say, 47
– Dana Corp. officials win second dismissal of class securities fraud allegations of misrepresenting firm's financial condition (N.D. Ohio), 817
– Doral Fin. Group, class action securities fraud suit against PwC over audits, dismissal affirmed (2d Cir.), 856
– Financial sector companies, securities class actions targeted in 2008, PwC study finds, 370
– Flowserve Corp., pension fund claims that firm concealed financial problems revived, requirements of loss causation explained, class certification may be resought (5th Cir.), 640
– Huron Consulting Group discloses SEC probe related to acquisitions, also facing class actions over false and misleading financial statements, 781
– Misrepresentations about Schwab fund, putative class action suit allowed to proceed in part (N.D. Cal.), 176
– Misstated financials, class securities claims dismissed for failure to adequately plead scienter (9th Cir.), 144
– Navistar officials must face class action claims of systemic accounting fraud resulting in overstatement of income, Deloitte dismissed for failure to plead adequate scienter (N.D. Ill.), 784
– New Century, KPMG faulted for role in collapse of mortgage company, investor class action allowed to continue (C.D. Cal.), 50
– Recent reports from Clearinghouse and NERA Economic Consulting chart surge in securities cases fueled by subprime and credit crises, 48
– Securities class actions can serve as tool for institutional investors to monitor corporate behavior, survey finds, 817
– Settlements up slightly, class actions continue at high pace, study of SEC enforcement finds, 787
– Survey finds securities enforcement actions up in 3rd quarter, 999
– UCAP Inc., securities fraud investor class action fails, loss causation by outside auditor not shown (8th Cir.), 992

CLIMATE CHANGE

See generally ENVIRONMENT

CODES OF CONDUCT

See generally ETHICS

CODIFICATION OF GAAP

See GENERALLY ACCEPTED ACCOUNTING PRINCIPLES (GAAP)

COLLATERALIZED MORTGAGE OBLIGATIONS (CMOs)

– FINRA and SEC file fraud charges (S.D. Fla.), 550

COLLEGES

– Endowment funds

See ENDOWMENT FUNDS

COMMITTEE OF EUROPEAN BANKING SUPERVISORS (CEBS)

– Direct funding proposed by EC, 118

COMMITTEE OF EUROPEAN INSURANCE AND OCCUPATIONAL PENSIONS SUPERVISORS (CEIOPS)

– Direct funding proposed by EC, 118

COMMITTEE OF EUROPEAN SECURITIES REGULATORS (CESR)

– Direct funding proposed by EC, 118
– Fair value, statement summarizing member views released, 92

COMMITTEE OF SPONSORING ORGANIZATIONS (COSO)

– Internal controls, guidance issued for companies to monitor effectiveness, 132; guide to be drafted providing further guidance, feature report, 763
– Risk management, key concern, COSO working to promote use of, feature report, 764

COMMITTEE ON CAPITAL MARKETS REGULATION

– Financial sector regulatory reform proposal detailed, 504

COMMODITIES

– Alternative investments

See ALTERNATIVE INVESTMENTS

– FASB drops project on accounting for trading inventory, 82

COMMODITY FUTURES TRADING COMMISSION (CFTC)

– Appointments and personnel changes, Gensler nominated by Obama to head agency, 18
– Financial system reform

– – Critical flaws in regulatory system warrant significant reform, GAO declares, 98
– – Single capital markets regulator, Aguilar urges merger of SEC, CFTC and DOL's Employee Benefits Security Admin., 521

– Rulemaking, derivatives

See DERIVATIVES

COMPENSATION

– Executive

See EXECUTIVE COMPENSATION

– Stock options

See generally SHARE-BASED COMPENSATION

COMPUTERS

– Internet

See INTERNET

– Software firms

See SOFTWARE FIRMS

CONCEPTUAL FRAMEWORK

– FASB discussions continue, summary of progress so far, 86
– Measurement chapter, FASB has reached starting point for draft discussion paper, 531
– Phase A, IASB staff expects to complete by June, 37; FASB directs staff to draft final version, 351
– Phase C measurement concepts, IASB supports retaining value is use measurement base, 128
– Phase D reporting entity, FASB directs staff to draft exposure draft, 351; IASB agrees to comment period, 493; FASB ready to issue pre-ballot draft, 813
– Qualitative characteristics of financial reporting, IASB offers broad support for staff proposals, 128
– Standard setters face continued pressure on how to deal with ongoing crisis, 10 et seq.

CONDUIT BONDS

See generally MUNICIPAL BONDS

CONFERENCES AND MEETINGS

– AICPA

– – Banking and savings institutions conference, 836; 840; 847; 853
– – Convergence in international business, accounting and tax, 449; 451

– ALI/ABA webcast on SEC recent developments, 860
– American Accounting Ass'n, 715; 730
– American Bar Ass'n

– – Annual meeting, 735; 778; 841
– – Criminal justice section, TARP, 595
– – Fraud conference, 495
– – Reserve accounting, 993
– – Securities fraud, 993

– Baruch College, annual financial reporting conference, 450; 451
– BNA

– – Audioconference on executive compensation disclosure, 201
– – Financial services regulation briefing, 275

– Center for Audit Quality (CAQ) webcasts

– – Internal controls, AS 5 implementation for nonaccelerated filers, 500
– – PCAOB proposals, 95

– CFA Inst., 998
– Commonwealth Club, San Francisco, 180
– Compliance Week's annual conference, 521; 532
– COSO Webcast, internal controls, 132
– Council on Institutional Investors, 356; 369
– District of Columbia Bar Ass'n, 269; 326
– European Comm'n, Brussels conference on financial reporting, 432; 448
– European Financial Reporting Advisory Group, 265
– FASB webcasts

– – Codification project, 575
– – Discussion on revenue recognition announced, 271; panelists approve discussion paper, 303
– – Investor outreach, 988
– – Nonprofit mergers and acquisitions, 898
– – Proposed Improvements to Financial Statement Presentation, 122
– – Securitizations and SPEs, webcast scheduled, 773; webcast held, 810

– Foundation for Accounting Educ., 888
– Global Accounting Alliance Group, 687
– IASB roundtables in fair value announced, 851
– IASB webcasts

– – Derecognition, 489
– – Expected loss impairment model, 627
– – Fair value measurement, 628; 669
– – Financial instruments, 909

– Institute of Intl. Bankers, 204
– International Accounting Standards Comm. Found., 593; 625; 628; 635; 636; 638
– International Fiscal Ass'n, USA Branch, 221
– International Organization of Securities Regulators, 931
– KPMG LLP

– – IFRS Inst. webcast, 368
– – Tax risk and transparency, corporate governance issues, 916

– Labaton Sucharow LLP, regulatory reform symposium, 41
– Morrison & Foerster LLP seminar, 501
– Mutual Fund Directors Forum, 453
– National Assn. of Corporate Directors, 996
– National Economists' Club, 356
– National Press Club, 618
– New York City Bar, 765
– New York Financial Writers Ass'n, 586
– New York Natl. Investors Relations Inst., 78
– New York Univ. Inst. on State and Local Taxn., 45
– North American Securities Administrators Ass'n, 413
– PCAOB advisory group meetings

See PUBLIC COMPANY ACCOUNTING OVERSIGHT BOARD (PCAOB)

– Practising Law Inst. (PLI)

– – Annual SEC Speaks conference, 162; 163; 165
– – Hot Issues in Executive Compensation webcast, 520

– PricewaterhouseCoopers webcasts

– – IFRS adoption, 181
– – Uncertain tax positions, 415

– SEC

– – Small business capital formation forum agenda announced, 988
– – XBRL, seminar on use of scheduled, 496

– Securities Docket webcast, 47; 410; 596; 689
– Securities Indus. and Financial Markets Ass'n, 587

– – American Securitization Forum, 916

– Standard & Poor, 501
– Tax Analysts Inc. symposium, 44
– Tax Executives Inst., 996
– U.S. Chamber of Commerce, 257; 501
– USC Marshall Sch. of Business, Leventhal Sch. of Accounting, SEC Fin. Reporting Inst. annual conf., 522; 533

CONFIDENTIALITY

See also DISCLOSURE
– American and Canadian accountants seek comment on update of framework for applying privacy principles to business accounting practices, 325; comment period extended, 454
– Attorney-client privilege

See ATTORNEY-CLIENT PRIVILEGE

– Data breach prevention toolkit for small and medium-sized businesses published by Canadian accountants group, 861
– Privacy and data security breaches

– – Heartland Payment Sys., SEC filing shows expenses in dealing with breach, 456
– – Hiscox report finds many firms fail to disclose potential financial risk, 412

– Tax accrual workpapers, IRS developing policy for obtaining information about uncertain tax positions, 996
– Work product

See WORK PRODUCT

CONSISTENCY

See FINANCIAL STATEMENTS

CONSOLIDATIONS

– Decreases in ownership of business or nonprofit activity, inconsistencies clarified in FASB ASC 810 proposal, 806
– FASB to continue same course on planned changes to FAS 140 and FIN 46(R), 27; progress made, 121; sale accounting criteria tightened, staff recommendation endorsed, 208; shared power, kick-out right provisions in consolidations fine-tuned, 260; final rules expected by June, continuing progress detailed, 350; U.S. Chamber of Commerce urges delaying effective date, says changes may exacerbate problems, 545; new guidance issued, 573; new guidance likely to balloon balance sheets, Credit Suisse analysis shows, 594; SEC actively watching for firms skirting off-balance sheet rules, 623; FASB asks for comments on asset-consolidation rules, 811; SEC expresses continued concern about adoption of FAS 167, 840; implementation guidance needed, analysts say, 967; FASB exposure draft expected in 1st quarter 2010, 975; banks concerned about capital requirements in response to asset consolidation changes, 997
– IASB publishes revamped accounting model for comment, 34; 2-stage strategy adopted by IASB to complete project based on comments, 490; control issues wrestled with during Toronto roundtable, 537; constituents call for more prominent role for risks and rewards at London roundtable, 580
– Joint work plan for consolidation and derecognition projects fleshed out by IASB and FASB at joint meeting, 307; IASB to hold roundtable discussions, 401; IASB derecognition proposals discussed in IASB webcast, 489
– Partial sale and deconsolidation provisions of FAS 160 to be clarified, 398; exposure draft modifying scope for real estate businesses to be proposed, 576
– Securitization likely to end as business, bankers predict as result of new FASB rules requiring greater capitalization, 916
– Transfers of interest of consolidated subsidiary, EITF Issue No. 08-10 ratified by FASB, EITF discussed but did not resolve outstanding issues, 89
– Venture capital consolidations, fair value guidance requests turned down by IFRIC, 442

CONSPIRACY

– BDO Seidman

– – Ex-partner pleads guilty to tax shelter fraud and conspiracy charges (S.D.N.Y.), 681
– – Vice chairman pleaded guilty to conspiring to defraud U.S. in tax shelter transactions (S.D.N.Y.), 273

– E&Y tax partner case defendant pleads guilty to tax fraud conspiracy charges arising from shelters firm promoted (S.D.N.Y.), 146; 4 current and former partners found guilty, 444
– Monster Worldwide ex-exec convicted on conspiracy and securities fraud charges in option backdating case (S.D.N.Y.), 457
– Tax fraud conspiracy and other crimes arising out of shelters, BDO Seidman ex-CEO, 6 others charged (S.D.N.Y.), 542

CONSTITUTIONAL LAW

– Auditor regulation, constitutionality of PCAOB, challenge to (U.S., rev grant), 496; Olson resignation not related to, 539; argument scheduled, 944; CII files amicus curiae brief supporting PCAOB, 989
– Due process

See DUE PROCESS

– Enron, ex-exec convicted of financial fraud, appeal granted on constitutionality of “honest services” statute and jury bias issue (U.S., rev grant), 951
– IFRS, constitutionality for nonpublic companies questioned by Natl. Ass'n of State Bds. of Accountancy, 250

CONSUMER PROTECTION

– Consumer Financial Protection Act

See LEGISLATION, FEDERAL, HR 3126

CONTINGENCIES

– Business combinations, assets acquired and liabilities assumed, fair value recognition requirement amended in proposed FASB guidance, 30; IASB issues similar guidance, 34; FASB-sponsored investors' group says guidance flawed, 88; plug pulled by IASB on project in light of opposition, 125; FASB steps back from fair value in FSP on acquired contingency accounting, 207; FASB roundtable members seek middle ground for contingencies disclosures, 263; FASB publishes final staff guidance, 300; FASB considers delaying effective date, 771
– Remeasurement of contingent consideration at fair value considered, consensus not reached, 579; proposal dropped from agenda, 846; milestone method of revenue recognition proposal snagged, 846

CONVERGENCE

– Accounting equivalence granted by EU to GAAP used in U.S., Japan, China, Canada, South Korea and India, 38
– Auditing standards, adoption of universal standards still contested, PCAOB members say in interviews, 94
– Broad impact on states and taxpayers, Big Four firms warn companies to perform tax analysis for federal and state income taxes, 45
– Canadian private enterprises, final standards approved, entities must decide to use Canadian or IFRS by 2011, 909
– China not on road to wholesale IFRS adoption, taking standards and adapting them, FASB chair says, 815
– Codification of GAAP for nongovernmental entities

See GENERALLY ACCEPTED ACCOUNTING PRINCIPLES (GAAP)

– Conceptual framework

See CONCEPTUAL FRAMEWORK

– Congress unlikely to allow IASB to be sole accounting standard setter for U.S., FASB consultant tells FASB advisory group, 311
– Constituent workload, IASB directors set out strategy to ease, priorities for projects set, 725
– Constituents of EU overwhelmed by U.S.-IASB work program, 674
– Crisis issues must be tackled first, convergence second, FASB chair says, 897
– Discontinued operations

See DISCONTINUED OPERATIONS

– Earnings per share

See SHARE-BASED COMPENSATION

– Energy firms in Canada behind on implementation timetable, PwC survey shows, 998
– EU headed for showdown over use of IFRS, arose after U.S. changes to fair value standard, 477
– European accounting group calls for IASB to shift focus away from convergence, to major improvement and simplification, 675
– Fair value issues

See FAIR VALUE

– FASB holds eighth meeting with Japanese board, 979
– FASB, IASB and Japan convergence talks continue, 268
– FASB reconsidering convergence of GAAP and IFRS in light of financial crisis, 46
– Financial crisis has diverted FASB attention from convergence, FASB member says, 847
– Financial instruments

See FINANCIAL INSTRUMENTS

– Financial report preparer resources would be severely strained by current pace and scope of convergence, FASAC members say, 929
– Global Accounting Alliance urges debate on improving financial reporting in report, raises questions to be addressed, 139; collaboration of all groups needed to reduce complexity, panelists say, 687
– IASB staff say risk of failing convergence deadline on revenue recognition, lease accounting and financial statement presentation projects, 307
– IFAC clarity project completed, newly revised IAASB standards should aid convergence process, 224
– IFRS use in Europe inconsistent, GAAP not necessarily subpar, study says, 633
– Impact of switch to international standards, surveys differ, 228
– Income tax accounting, IASB declines to address discount of current tax liabilities and assets, staff working in revised version of IAS 12, 131; new version proposed to provide more clarity, consistent reporting, 314; uncertain tax position proposal, inconsistency with FASB position likely to bedevil preparers, 415; convergence with U.S. GAAP defended by IASB member, 538; comments criticize proposed revision, feature report, 761; interim reporting improvements to take place of major project, 972
– Income tax accounting under IFRS, overview, SplRpt (6/26/09)
– Internal controls coordination

See INTERNAL CONTROLS

– Leases

See LEASES

– Multistate Tax Comm'n plans examination of state and local impact of switch to IFRS, 92
– PCAOB model of oversight should be adopted by other countries, wide adoption of IFRS urged by E&Y CEO, 180
– Political pressure on IASB and FASB threatens global standards project, Financial Crisis Advisory Group says, 478
– Revenue recognition project

See REVENUE RECOGNITION

– Roadmap, SEC issuance of road map to fill acceptance of IFRS, FASB chair comments, 5; detailed analysis, 69 et seq.; comment deadline extended, comments doubt wisdom of switch, 113; staff will revisit proposal, 163; SEC official declines to predict adoption outlook, 326; comment letters so diffuse as to provide few clues about ultimate SEC decision, 368; SEC disappointed with scant response, 450; SEC commitment on roadmap to IFRS adoption sought by IASB chairman, 730; SEC officials stress commitment to convergence, no date for roadmap vote, 840; new chief accountant discusses in BNA interview, 888; 873 et seq.; SEC chair says agency plans to move forward on roadmap this fall, 888; SEC chair again states roadmap priority, also “dark pools,” 931; financial executives support roadmap, want decisive SEC action, Deloitte survey finds, 948
– Schapiro favors single accounting standard, wants to assure U.S. does not compromise high standards, 586
– Schedule for convergence with IFRS, Japanese commission urges review, 173; Japan may allow voluntary adoption of IFRS by 2010, 587; Japan reports progress on convergence with IFRS, 851
– Share-based compensation, corporate human resource systems will need to change if IFRS adopted, PwC panel discussion, 181
– Standard setters face continued pressure on how to deal with ongoing crisis, 10 et seq.
– Statutory duties, improved standards, FASB chair stresses as major point of convergence, 947
– Survey by FEI finds doubts about early adoption of IFRS, most eligible firms unlikely to do so, 276
– Tradeoffs needed for convergence discussed by FASB member, Siegel, 888
– Transition to IFRS

– – AEI's shadow financial regulatory group says companies should decide on transition, 453
– – AICPA survey shows firms continue to have issues with educating staff, 999
– – Chairmen of FASB and IASB warn against U.S. delay in decision to adopt, 533
– – Congressional champion needed to push IFRS adoption, FASB advisory panel says, 634
– – Constitutionality of IFRS for nonpublic companies questioned by Natl. Ass'n of State Bds. of Accountancy, 250
– – Corporate Finance Div. of SEC plans to focus on regional and national differences in interpretation of IFRS, 715
– – Credit crisis may have placed IFRS in back burner, 449
– – Economic crisis cools support for IFRS in U.S., convergence urged over adoption, 249
– – EU Comm'r McCreevy and IASB's Smith urge U.S. action on moving to IFRS, pressure IASB to adopt standards on fair value, 432
– – FASB and FAF recommend SEC form advisory panel for comprehensive study of IFRS domestic adoption impact on U.S. issuers, 258
– – IRS keeping watchful eye as more and more firms make transition, 221
– – Lawsuit disclosure concerns, IASB refuses to address prior to U.S. adoption of IFRS, 582
– – Major implications and tax issues for IRS, official says, 44
– – Privatization transactions during move to IFRS, concerns to be addressed by IASB, 670; draft amendments to IAS 32 issued by IASB, 721; staff cleared to move on issuance of rights issue amendment, 908; IASB issues amendment, 940
– – PwC CEO says U.S. GAAP no longer functioning, move to IFRS imperative, 638
– – Schapiro says SEC must reconsider IFRS, 114
– – SEC official expresses doubt about adoption, 75; SEC should mandate adopting as soon as possible, panelists say, 501; SEC commitment on roadmap to IFRS adoption sought by IASB chairman, 730
– – Support weak, commentators address details, 385 et seq.
– – Survey of U.S. accounting professionals find more IFRS knowledge needed, benefits still in doubt, 503
– – Transfer pricing considerations for successful conversion, analysis, 246

CONVERTIBLE DEBT INSTRUMENTS

– Share lending arrangements in contemplation of convertible debt, EITF reaches tentative consensus, FASB ratifies, issued for comment, 309; EITF reaches final consensus, 578; FASB ratifies guidance, 619; final guidance issued by FASB, 934

CORPORATE GOVERNANCE

– Climate change shareholder resolutions increase, 817
– Data breach prevention toolkit for small and medium-sized businesses published by Canadian accountants group, 861
– Directors should take larger role in managing corporate tax risk, IRS chief counsel says, 996
– Disclosure, SEC preparing broad package of corporate disclosures for consideration by Congress, 520
– Financial reporting

See FINANCIAL RESTATEMENTS

– Internal controls

See INTERNAL CONTROLS

– Securities class actions can serve as tool for institutional investors to monitor corporate behavior, survey finds, 817
– Tax risk and transparency, IRS looking at corporate governance issues, 916
– Weaknesses contributing to financial crisis cited in report by regulators from 7 countries, 998

CREDIT CARDS

– Privacy and data security breaches

– – Heartland Payment Sys., SEC filing shows expenses in dealing with breach, 456
– – Hiscox report finds many firms fail to disclose potential financial risk, 412

CREDIT CRISIS

See FINANCIAL CRISIS

CREDIT DERIVATIVES

See DERIVATIVES

CREDIT RATINGS

– Reform should focus on users, SEC Comm'r Paredes says, 435
– SEC looking at asking Congress to give it greater power over industry, 524

CRIMINAL LAW AND PROCEDURE

– Conspiracy

See CONSPIRACY

– Fraud

See FRAUD

– Revenue recognition schemes

See REVENUE RECOGNITION

– Sentencing

See SENTENCING

– Settlements

See SETTLEMENTS

– Tax shelters

See TAX SHELTERS

CURRENCY

– Foreign currency rights, IFRIC asks IASB to act on fair value issues, debt-equity swaps, 670; draft amendments to IAS 32 issued by IASB, 721; staff cleared to move on issuance of rights issue amendment, 908; IASB issues amendment, 940