![]() |
![]() |
![]() |
|
Nos. 60-101 April 1 -- May 29, 2009 A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
ACCOUNTING
Audit processes and issues, CAQ issues new guide, 87:G6 (5/8/09)
Audit quality
Audit confirmations, PCAOB to revisit standard, 67:G6 (4/10/09); scandals, technology spur PCAOB to mull revisions to audit confirmation standard, 70:G7 (4/15/09)
PCAOB advisors provide input for guidance, 63:G7 (4/6/09) Convergence, U.S. use of IFRS
See U.S. adoption of IFRS, this heading
See DERIVATIVES
Fair-value measurement
Bank regulator Basel Comm. issues new guidelines for financial instruments, 71:I3 (4/16/09)
Banking and insurance groups again criticize fair value, OTTI accounting in letter to lawmakers, 92:G3 (5/15/09) Capital Markets Regulation Comm. urges FASB, IASB to review, improve standard, 99:G5 (5/27/09) Chamber of Commerce seeks PCAOB guidance on FAS 157 following FASB changes, Council of Inst. Investors calls for better enforcement, 70:G1 (4/15/09) Crucial valuation processes for bank rescues still undecided, BNA Analysis & Perspective, 74:J1 (4/21/09) EU finance ministers want IASB to adopt recent FASB rule changes, 63:I3 (4/6/09); tension between EU and IASB flares with rejection of immediate changes after FASB revisions, 79:I4 (4/28/09); finance ministers delay response until June meeting, 85:I4 (5/6/09); pressure on IASB continues, 88:I1 (5/11/09); EU wrestles with commitment to IFRS, retreat to EU accounting regime, 99:I1 (5/27/09) FASB approves staff guidance on fair value, impairment effective for second quarter, 62:GG1 (4/3/09); FASB issues final staff positions on mark-to-market accounting, impairments, 67:GG1 (4/10/09); mainly praise for guidance, continued doubts, criticism of OTTI changes, 67:GG2 (4/10/09); FASB eyes third-quarter release on enhanced disclosures of fair value, 77:G2 (4/24/09); Chrm. Herz defends board's process in issuing guidance, 82:G2 (5/1/09); FASB to delay release of rules as board tests beefed-up disclosures, 100:G4 (5/28/09) Goldman's Blankfein says more companies should have used fair value, 65:G3 (4/8/09) Hedge, private equity fund investments, FASB exploring possible fair value guidance, 84:G4 (5/5/09); FASB to issue draft guidance by May 22, focus on pension funds and university endowments, 86:G3 (5/7/09) House Financial Services Comm. hearing on fair value, Bachus (R-Ala.) seeks, 84:G3 (5/5/09) IASB agrees draft on fair value exposure will include disclosures on U.S. standards, 77:I2 (4/24/09); IASB declines to amend IFRS to match FASB changes on OTTIs, fair value, 78:I3 (4/27/09); IASB releases draft standard for public comment, 101:I1 (5/29/09) Investor advocates, security analysts slam FASB on fair value, impairment proposals, 61:G6 (4/2/09) PCAOB staff issues auditor practice alert in wake of FASB fair value, OTTI guidance, 76:G6 (4/23/09)
Advisory group's debate reveals conflicting issues, scale of task for FASB, IASB, 75:I1 (4/22/09); IASB, FASB advisers urge political restraint on accounting changes, 81:I1 (4/30/09); FCAG co-Chrm. Goldschmid says pressure on IASB threatens global standards project, 100:I3 (5/28/09)
AICPA endorses key legislative ideas to reform financial regulatory system, 79:G5 (4/28/09) Bank regulators should accommodate provisioning for bad times, Grant Thornton suggests, 89:G11 (5/12/09) G-20 leaders agree to pursue range of reforms, 62:I2 (4/3/09); IASB committed to progress on G-20 plan, 65:I2 (4/8/09) Impairment of debt securities, FASB guidance
See DEBT
See Fair-value measurement, this heading
U.S. adoption of IFRS, support waning due to financial crisis, economy, BNA Analysis & Perspective, 62:J1 (4/3/09)
Credit risk, IASB will seek constituent views on staff research paper, 96:I1 (5/21/09)
Debt instruments
See DEBT
Fair-market alternative, FASB, IASB could release proposals by late 2009, 60:G5 (4/1/09); IASB members debate practicalities, application of discounted cash-flows model, 85:I2 (5/6/09); FASB mulls current value method, 86:G1 (5/7/09) Mark-to-market rules
See Fair-value measurement, this heading
Securitization issues
See Securitization and consolidation, this heading
Consolidated statements, FASB to clarify Statement 160 provisions on partial sale, deconsolidation, 81:G2 (4/30/09)
Interactive data
IASCF seeks comments on XBRL handbook, 63:I3 (4/6/09)
SEC sets seminar on preparing financials in XBRL, 96:G6 (5/21/09) Management commentary, IASB approves giving normal due process to proposal, 79:I3 (4/28/09) Preparers voice concerns about presentation proposals, 61:I2 (4/2/09) Subsequent events, FASB issues new standard FAS 165, 101:G2 (5/29/09)
Apogee Tech, 2 officers settle SEC earnings inflation charges (D. Mass.), 95:K4 (5/20/09)
Audit firm liability
See Professional liability, this heading
General Re's former CFO sentenced for role in manipulating AIG's financial statements (D. Conn.), 62:K2 (4/3/09); former senior executive sentenced, 82:K2 (5/1/09) National Century former executives given lengthy prison terms (S.D. Ohio), 60:K1 (4/1/09) Going concern, PCAOB urged by advisors to wait for FASB on more guidance, 63:G7 (4/6/09) Governments, GASB guidance
Deloitte & Touche and KPMG Canada unit, PCAOB finds significant deficiencies, 75:G5 (4/22/09)
Ernst & Young, PCAOB identifies deficiencies in annual inspection, 99:G2 (5/27/09) Foreign firms
PCAOB releases list of registered firms it plans to inspect this year, 65:G2 (4/8/09)
SEC seeks comment on PCAOB proposal to delay some foreign inspections, 80:G3 (4/29/09); Acting Chief Accountant Kroeker discusses issues, 83:G4 (5/4/09)
Acquisition costs, liabilities, FASB continues deliberations, 94:G3 (5/19/09)
Cash flows, FASB works on guidance, 62:G3 (4/3/09) International standards
Cash equivalents, IFRIC declines to develop guidance, 88:I4 (5/11/09)
Chemical safety, IFRIC declines to develop guidance on REACH scheme's compliance costs, 87:I2 (5/8/09) Discontinued operations, IASB asks staff to consult REITs, others on disclosures, 79:I3 (4/28/09) Financial instruments, derecognition
See Financial instruments, this heading
Free online access, IASB announces for financial reporting standards' core text, 74:I3 (4/21/09) Income tax reporting
See Uncertain tax positions, this heading
Mergers, IFRIC rejects constituent requests for guidance, 88:I3 (5/11/09) Share-based payments, IASB tells project staff to publish amendment, 78:I4 (4/27/09) Venture capital consolidations, fair value guidance requests turned down by IFRIC, 87:I2 (5/8/09)
See INVENTORIES
Nonprofit mergers and acquisitions, FASB issue new standard, 98:G5 (5/26/09) Off-balance-sheet activities
See Securitizations and consolidations, this heading
See PENSIONS
Client tax evasion, accounting firm partner indicted for assisting (D.N.J.), 61:K4 (4/2/09)
CPA's discharge did not violate whistleblower protections of Sarbanes-Oxley Act (U.S., rev den), 74:K1 (4/21/09) Swiss bank tax scheme, Fla. accountant first to face charges based on information provided by UBS (S.D. Fla.), 62:K1 (4/3/09); text of complaint, 62:TaxCore (4/3/09)
Investor's suit against auditors of failed real estate firm remanded to state court (S.D. Fla.), 86:K2 (5/7/09)
New Century sues KPMG for $1B, citing bad audits, KPMG disputes allegations (Cal. Super. Ct.)(S.D.N.Y.), 61:K1 (4/2/09) Tax advice on stock redemption, PwC's motion for summary judgment in malpractice case denied (N.Y. Sup. Ct.), 96:K1 (5/21/09); decision text, 96:TaxCore (5/21/09)
See Audit quality, this heading
FASB hammers out more issues for exposure draft, 61:G1 (4/2/09)
IASB proposal, PwC practitioners examine initial recognition differences, Viewpoint, 99:J1 (5/27/09)
See RUSSIA
Securitizations and consolidations
Bank regulators, FASB collaborating on off-balance sheet guidance, Chrm. Herz says, 96:G1 (5/21/09)
FASB tackles disclosures, other topics, 62:G8 (4/3/09); FASB makes progress on more issues in pending VIEs consolidations effort, 66:G4 (4/9/09); FASB to issue final rules by June, 71:G2 (4/16/09); FASB moves to final drafting of amended rules on off-balance-sheet activities, 94:G4 (5/19/09) IASB to hold June roundtables on consolidations, derecognition, 75:I2 (4/22/09); IASB adopts 2-stage strategy to complete consolidations project, 95:I3 (5/20/09) SEC Acting Chief Accountant discusses prominent accounting issues, 83:G4 (5/4/09)
See TAX SHELTERS
IASB proposes new standard to provide more clarity, consistent reporting of income taxes, 60:I3 (4/1/09)
Nonpublic entities, Deloitte official discusses deferral, 60:G11 (4/1/09) Passthrough and exempt entities, FASB expects to issue GAAP on FIN 48 by June, 71:G2 (4/16/09); FASB seeks comments on key issues, 94:G1 (5/19/09) PwC panelists say IASB proposal to require complex calculations, 75:I3 (4/22/09); PwC compares proposal with current guidance in IAS 12 and FAS 109, Viewpoint, 93:J1 (5/18/09); tax basis, proposed changes, questions to consider, Viewpoint, 96:J1 (5/21/09); initial recognition differences, Viewpoint, 99:J1 (5/27/09)
Am. Enterprise Inst. says companies should decide on transition from GAAP to IFRS, 86:I2 (5/7/09)
Comment letters provide few clues on ultimate SEC decision on IFRS use, 67:I2 (4/10/09); SEC disappointed with low response, 82:G2 (5/1/09); commenters address details of IFRS adoption, support weak, BNA Analysis & Perspective, 85:J1 (5/6/09) Congress unlikely to allow foreign body as sole U.S. accounting standard setter, FASB consultant says, 60:G9 (4/1/09) Credit crisis might have put IFRS on back burner, SEC's Erhardt says, 83:G2 (5/4/09) European Union requires report on IFRS roadmaps, 88:I1 (5/11/09) Income tax accounting issues, PwC articles
See Uncertain tax positions, this heading
Professionals admit they need knowledge or expertise with IFRS, AICPA survey, 93:I2 (5/18/09) S&P conference, panelists seek SEC date for mandate, others urge caution, 93:G3 (5/18/09) Support waning due to financial crisis, economy, BNA Analysis & Perspective, 62:J1 (4/3/09)
See Securitizations and consolidations, this heading
FAF moves to cut costs as sources of funding hit by financial crisis, 98:G1 (5/26/09)
FASB-IASB crisis advisory group
See ACCOUNTING, subheading: Financial crisis
IASB, Brazilian bank regulator de Oliveira Gomes to serve 5-year term, 82:I1 (5/1/09) IASCF
Budget surplus expected in 2009, long-term funding of IASB uncertain, 73:I1 (4/20/09)
Interpretations panel, trustees announce new IFRIC member, 3 continuing appointments, 85:I2 (5/6/09) Monitoring board, EU Comm'r McCreevy reveals plan to consult European Parliament on trustee selection, 61:I3 (4/2/09); European Union approves funding for IASCF, EFRAG, and PIOB, 88:I1 (5/11/09) U.S. analysts appointed to IASCF board, 97:I3 (5/22/09)
IRS reports on APA applications, completed agreements in 2008, 60:G6 (4/1/09); IRS Ann., 60:TaxCore (4/1/09); FY2009 1st quarter report, 60:TaxCore (4/1/09); IRS completed 20 APAs in quarter ending March 31, 85:G6 (5/6/09); FY2009 2nd quarter report, 85:TaxCore (5/6/09)
Cal. SBOE rules in-state employee's solicitation of print advertising sales creates nexus for Va. media firm, 81:H1 (4/30/09)
Direct mail, SSUTA panel recommends revised definition, 82:H4 (5/1/09); governing board makes breakthrough in direct mail issues, 91:H2 (5/14/09) Mailed ad coupons could be taxed as periodicals (Wash. Ct. App.), 86:K1 (5/7/09); decision text, 86:TaxCore (5/7/09) Social networking Web site, N.Y. tax dep't issues opinion on revenue allocation, 77:H3 (4/24/09)
Biofuels
Cuba, U.S. trade bill
Airport and Airway Trust Fund, Rangel (D-NY) sets hearing on financial status, 82:G8 (5/1/09); JCT background report, 84:TaxCore (5/5/09)
British revenue agency updates guidance on air passenger duty, 93:I3 (5/18/09) Cuba, U.S. flights Pinnacle Airlines agrees to pay $3M to settle income tax issues, SEC filing, 63:G5 (4/6/09) Taxes, 6-month extension
Add-back tax statute does not violate Commerce Clause (U.S., rev den), 79:K1 (4/28/09)
Limited liability companies, LLC members doing business in Ala. not personally liable for nonincome taxes owed, ALJ rules, 91:H4 (5/14/09) Storms and flooding, IRS offers tax relief, 89:G13 (5/12/09); news release, 89:TaxCore (5/12/09)
Valdez tax on large vessels docking, Supreme Ct. justices focus on Constitution's tonnage clause (U.S., oral arg), 61:K3 (4/2/09)
Electronic tax payments, TTB outlines EFT procedure, 73:G4 (4/20/09)
Health care reform, tax increase among funding options Senate Finance Chrm. Baucus (D-Mont) presents, 94:GG1 (5/19/09) India's import taxes, EU broadens WTO complaint against Indian state taxes, 88:I2 (5/11/09) TTB forms
See TAX FORMS
See also EXPATRIATES
Payroll taxes urged for businesses using H-2B visas, Economic Policy Inst., 72:G5 (4/17/09) Statistics on foreign persons' U.S. income available, 75:G8 (4/22/09) Taxpayer ID numbers, more controls needed to ensure proper use, TIGTA also recommends legislation to clarify eligibility for refundable child credits, 72:G1 (4/17/09) Visa application, tax returns not reliable basis for determining employer's ability to hire (7th Cir.), 75:K1 (4/22/09); decision text, 75:TaxCore (4/22/09)
Biodiesel certified under ASTM D6751, IRS extends time for claims through Sept., 63:G2 (4/6/09); Notice 2009-34, 63:TaxCore (4/6/09)
Black liquor, Baucus (D-Mont) pledges to end tax credit for paper companies, 77:G4 (4/24/09); administration's budget request proposes repeal of loophole, 89:GG1 (5/12/09); U.S. trading partners urge Congress to close tax loophole, 97:G6 (5/22/09); letter to congressional tax leaders from EU, Brazil, Canada, and Chile, 97:TaxCore (5/22/09) Coke, coke gas credit
See OIL AND GAS
Md. adopts new rules for cellulosic ethanol technology tax credit, 72:H2 (4/17/09) Natural gas vehicles
See MOTOR VEHICLES
Corporations, instructions to Form 4626 changed to reflect ARRA, 69:G2 (4/14/09)
Indexing AMT
See NATIVE AMERICANS
Banking sector
Executive pay limits
See BONDS, TAXABLE
Cancellation of debt income
See DEBT
COBRA coverage
See HEALTH INSURANCE
See RENEWABLE ENERGY
See HOUSING
See EMPLOYMENT TAXES
See CORPORATE TAXES
See SMALL BUSINESSES
UI benefits, tax exclusion
Exporters' refund requests, most originate in transactions that used tax havens, tax official says, 66:I3 (4/9/09)
Home appliances and consumer electronics, tax increase proposed, 79:I5 (4/28/09) Tax evasion and capital flight, rulings ban stocks, bonds related to nations lacking tax treaties, 92:I4 (5/15/09)
Scholarship contributions, court erred in dismissing Establishment Clause challenge to tax credit (9th Cir.), 75:K1 (4/22/09); decision text, 75:TaxCore (4/22/09)
Tax amnesty program announced from May through June, 68:H2 (4/13/09) Withholding rate, legislature sends governor bill to decouple from federal tax law, 63:H1 (4/6/09); bill signed, prevents revenue loss, 69:H1 (4/14/09)
Energy used in manufacturing, sales tax reduction enacted, 60:H2 (4/1/09)
Historic rehabilitation, tax credit against corporate income, insurance taxes enacted, 70:H2 (4/15/09) Mississippi River delta, legislation expands, makes changes to state's geotourism tax credit, 61:H2 (4/2/09) Motion pictures and digital productions, legislation creates tax credit, 86:H2 (5/7/09) Storms and flooding in Apr., IRS provides tax relief, 82:G1 (5/1/09); news release, 82:TaxCore (5/1/09); counties in disaster area, correction, 84:G6 (5/5/09)
Attorney-client privilege
Alleged breach by attorney to receive compensation from IRS, discovery requests allowed (S.D. Tex.), 88:K1 (5/11/09); decision text, 88:TaxCore (5/11/09)
Broadcom ruling on privilege serves as warning to attorneys and prosecutors, observers say (C.D. Cal.), 70:K2 (4/15/09) Textron's in-house counsel, amicus brief supports work-products rights (1st Cir.), 78:K5 (4/27/09); U.S. Chamber, Ass'n of Corporate Counsel brief, 78:TaxCore (4/27/09)
See TAX AUDITS
Budget introduces changes to several tax breaks, boosts deduction for small businesses, 91:I2 (5/14/09)
Consolidated groups, draft tax bill released, 81:I1 (4/30/09)
European Comm'n challenges law requiring Austrian fiscal representative, 93:I3 (5/18/09)
See MOTOR VEHICLES
Special economic zones, parliament passes bill with tax exemptions, 70:I1 (4/15/09)
Value-added tax, Azerbaijan adopts VAT exemption, outlines planned reduction in tax on corporate profits, 85:I1 (5/6/09) Contact the Webmaster at webmaster@bna.com Copyright © The Bureau of National Affairs, Inc. All Rights Reserved. |