Printer Friendly
The Free Library
21,419,978 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Exposure drafts outstanding.

Exposure Drafts Outstanding

(This list was compiled as of December 1, 2003. For exposure drafts
issued after that date, consult The CPA Letter.

Note: The policy for updating the list of exposure drafts is that a
document should remain on the list until a final document has been
issued or the project has been dropped. However, no comments will
be received after the comments deadline has expired.)

Issue                                                         Comment
Date                     Title or Description                 Deadline

FASB

10/31/03    Consolidation of Variable Interest Entities--      12/1/03
            a modification of FASB Interpretation No. 46

9/12/03     Employers Disclosures about Pensions and Other    10/27/03
            Postretirement Benefits--an amendment of FASB
            Statements No. 87, 88 and 106 and a replacement
            of FASB Statement No. 132

6/10/03     Qualifying Special-Purpose Entities and            7/31/03
            Isolation of Transferred Assets--an
            amendment of FASB Statement No. 140

2/20/03     Accounting for Real Estate Time-Sharing            4/30/03
            Transactions--an amendment of FASB
            Statements No. 66 and 67

7/10/01     Accounting in Interim and Annual Financial        11/15/01
            Statements for Certain Costs and Activities
            Related to Property, Plant, and Equipment--an
            amendment of APB Opinions No. 20 and 28 and
            FASB Statements No. 51 and 67 a and rescission
            of FASB Statement No. 73

10/27/00    Proposed Amendment to FASB Concepts Statement      3/31/01
            No. 6 to Revise the Definition of Liabilities,
            an Amendment of FASB Concepts Statement No. 6

10/27/00    Accounting for Financial Instruments with          3/31/01
            Characteristics of Liabilities, Equity, or Both

12/14/99    Reporting Financial Instruments and Certain        5/31/00
            Related Assets and Liabilities at Fair Value
            (preliminary views)

2/23/99     Consolidated Financial Statements: Purpose and     5/24/99
            Policy

AcSEC (AICPA)

7/15/03     Proposed Statement of Position, Reporting          9/15/03
            Financial Highlights and Schedule of
            Investments by Nonregistered Investment
            Partnerships: An Amendment to the Audit and
            Accounting Guide Audits of Investment Companies
            and AICPA Statement of Position 95-2, Financial
            Reporting by Nonpublic Investment Partnerships

7/15/03     Proposed Statement of Position, Financial          9/15/03
            Highlights of Separate Accounts: An Amendment
            to the Audit and Accounting Guide Audits of
            Investment Companies

6/19/03     Proposed Statement of Position, Allowance for      9/19/03
            Credit Losses

3/14/03     Proposed Statement of Position, Accounting by      5/14/03
            Insurance Enterprises for Defered Acquisition
            Costs on Internal Replacements Other Than
            Those Specifically Described in FASB
            Statement No. 97

2/20/03     Proposed Statement of Position, Accounting for     4/30/03
            Real Estate Time-Sharing Transactions

12/17/02    Proposed Statement of Position, Clarification      3/31/03
            of the Scope of the Audit and Accounting Guide
            Audits of Investment Companies and Accounting
            by Parent Companies and Equity Method Investors
            for Investment in Investment Companies

6/29/01     Accounting for Certain Costs and Activities       11/15/01
            Related to Property, Plant, and Equipment

12/30/98    Accounting for Discounts Related to Credit         4/29/99
            Quality

ASB (AICPA)

3/18/03     Proposed Statement on Auditing Standards,          5/30/03
            Communication of Internal Control Related
            Matters Noted in an Audit

ASB (AICPA)

3/18/03     Proposed Statements on Auditing Standards and      5/15/03
            Statement on Standards for Attestation
            Engagements Related to Internal Control:
            Auditing an Entity's Internal Control Over
            Financial Reporting in Conjunction With the
            Financial Statement Audit; Amendment to
            Statement on Auditing Standards No. 100,
            Interim Financial Information; and
            Reporting on an Entity's Internal
            Control over Financial Reporting *

4/1/03      Proposed Statement on Auditing Standards,          5/15/03
            Sarbanes-Oxley Omnibus Statement on Auditing
            Standards *

12/2/02     Proposed Statements on Auditing Standards:         4/30/03
            Amendment to Statement on Auditing Standards
            No. 95, Generally Accepted Auditing Standards;
            Audit Evidence; Audit Risk and Materiality in
            Conducting an Audit; Planning and Supervision;
            Understanding the Entity and Its Environment
            and Assessing the Risks of Material
            Misstatement; Performing Audit Procedures in
            Response to Assessed Risks and Evaluating the
            Audit Evidence Obtained; and Amendment to
            Statement on Auditing Standards No. 39, Audit
            Sampling

OTHER (AICPA)

5/30/03     Proposed Revisions to the AICPA Standards for       8/8/03
            Performing and Reporting on Peer Reviews

11/15/02    Proposed Tax Standards Interpretation 1-2, "Tax    4/30/03
            Planning," of Statement on Standards for Tax
            Services No. 1, Tax Return Positions

12/1/01     Proposed Statement on Responsibilities for         1/31/02
            Litigation Services No. 1

11/1/01     AICPA/NASBA Uniform Accountancy Act and           12/31/01
            Uniform Accountancy Act Rules

3/7/01      Statement on Standards for Continuing               8/1/01
            Professional Education Programs

SEC

6/17/02     Additional Form 8-K Disclosure Requirements        8/26/02
            and Acceleration of Filing Date; Release Nos.
            33-8106, 31-46084

6/26/02     Framework for Enhancing the Quality of              9/3/02
            Financial Information Through Improvement
            of Oversight of the Auditing Process; Release
            No,. 33-8109; 34-46120; 35-27543; IA-2039;
            IC-25624

5/10/02     Disclosure in Managements Discussion and           7/19/03
            Analysis about the Application of Critical
            Accounting Policies (Release Nos. 33-8098;
            34-45907)

4/12/02     Form 8-K Disclosure of Certain Management          6/24/02
            Transactions: Release No. 33-8090

4/12/02     Form 8-K Disclosure of Certain Management          6/24/02
            Transactions: Release No. 34-45742

2/18/00     SEC Concept Release: International Accounting      5/23/00
            Standards

1/21/00     Supplementary Financial Information                4/17/00

GASB

8/29/03     Economic Condition Reporting: The Statistical     11/28/03
            Section--an amendment of NCGA Statement 1

2/14/03     Accounting and Financial Reporting by Employers    4/30/03
            for Postemployment Benefits Other Than Pensions

2/14/03     Financial Reporting for Postemployment Benefit     4/30/03
            Plans Other Than Pension Plans

IFAC

11/11/03#   Revision to Code of Ethics for Professional       2/15/04#
            Accountants#

10/30/03    Continuing Professional Development: A Program    12/31/03
            of Lifelong Learning and Continuing Development
            of Professional Competence

9/16/03     ED 23:Impairment of Assets--Proposed               1/31/04
            International Public Sector Accounting Standard

7/18/03     Proposed Revised Code of Ethics for               11/30/03
            Professional Accountants

5/27/03     Proposed ISQC 1 "Quality Control for Audit,        8/31/03
            Assurance and Related Services Practices" and
            Proposed Revised ISA 220 "Quality Control for
            Audit Engagements"

4/28/03     Subject Areas: Revision to the requirements        7/31/03
            proposed in Content of Professional Education
            Programs

4/6/03      Assurance Engagements--Proposed "International     6/30/03
            Framework for Assurance Engagements," Proposed
            ISAE 2000 "Assurance Engagements on Subject
            Matters Other Than Historical Financial
            Information" and Proposed Withdrawal of ISA
            120 "Framework of International Standards on
            Auditing," To Replace International Standard
            on Assurance Engagements 100 "Assurance
            Engagements"

4/4/03      The Special Considerations in the Audit of         6/30/03
            Small Entities Proposed Amendments to
            International Auditing Practice Statement 1005

11/15/02    Terms of Reference, Preface to the International    2/28/03
            Standards On Quality Control, Auditing,
            Assurance and Related Services, and Operations
            Policy No. 1--Bold Type Lettering

10/24/02    Audit Risk: Proposed International Standards on    3/31/03
            Auditing and Proposed Amendment to ISA 200,
            Objective and Principles Governing an Audit
            of Financial Statements

10/15/02    Reporting on Compliance with International         1/15/03
            Financial Reporting Standards

6/23/03     Review of Interim Financial Information            9/15/03
            Performed by the Auditor of the Entity

6/30/02     Assessment of Professional Competence (Proposed   12/31/02
            International Education Standard for
            Professional Accountants)

IFAC

6/30/02     Content of Professional Education Programs        12/31/02
            (Proposed International Education Standard
            for Professional Accountants)

6/30/02     Experience Requirements (Proposed International   12/31/02
            Education Standard for Professional
            Accountants)

6/30/02     Professional Skills and General Education         12/31/02
            (Proposed International Education Standard
            for Professional Accountants)

6/30/02     Professional Values and Ethics (Proposed          12/31/02
            International Education Standard for
            Professional Accountants)

5/02        Guiding Principles for International Education     9/30/02
            Statements

6/02        Introduction to International Education           12/31/02
            Standards for Professional Accountants
                                                              12/31/02
6/02        Entry Requirements (Proposed International
            Education Standard for Professional
            Accountants)

6/02        Continuing Professional Education and             12/31/02
            Development (Proposed International
            Education Guideline for Professional
            Accountants)
FASAB

10/16/03    Identifying and Reporting on Earmarked Funds      12/17/03

9/5/03      Auditing Estimates for Direct Loan and Loan        10/5/03
            Guarantee Subsidies under the Federal Credit
            Reform Act (Amendments to Technical Release 3:
            Preparing and Auditing Direct Loan and Loan
            Guarantee Subsidies under the Federal Credit
            Reform Act)

9/5/03      Preparing Estimates for Direct Loan and Loan       10/5/03
            Guarantee Subsidies under the Federal Credit
            Reform Act (Amendments to Technical Release 3:
            Preparing and Auditing Direct Loan and Loan
            Guarantee Subsidies under the Federal Credit
            Reform Act)

8/20/03     Heritage Assets and Stewardship Land:             11/10/03
            Reclassification from Required Supplementary
            Stewardship Information

4/21/03     Accounting for Fiduciary Activities                7/31/03

PCAOB

At the present time PCAOB exposure drafts have very short comment
periods. A list of outstanding PCAOB exposure drafts is available
online at www.pcaobus.org.

New additions appear in bold type.

* This exposure draft has been submitted to the Public Company
Accounting Oversight Board for its consideration as auditing
and attestation standards.

Note: New additions appear in bold type is indicated with #.


INFORMATION

The initials stand for the following organizations. Exposure drafts are available online at the Web addresses below or copies may be obtained at the address in parentheses See parenthesis.

parentheses - See left parenthesis, right parenthesis.
 (unless otherwise indicated).

FASB--Financial Accounting Standards Board The role of the Accounting Standards Board (ASB) is to issue accounting standards in the United Kingdom. It is recognised for that purpose under the Companies Act 1985. It took over the task of setting accounting standards from the Accounting Standards Committee (ASC) in 1990.  (Order Department, Financial Accounting Standards Board Financial Accounting Standards Board (FASB)

Board composed of independent members who create and interpret Generally Accepted Accounting Principles (GAAP).
, 401 Merritt Merritt is the name of several places in North America:
  • Merritt, California
  • Merritt, Illinois
  • Merritt, Michigan
  • Merritt Township, Michigan
  • Merritt, Missouri
  • Merritt, North Carolina
  • Merritt, Ohio
  • Merritt, Oklahoma
 7, P.O. Box 5116, Norwalk Norwalk (nôr`wôk').

1 City (1990 pop. 94,279), Los Angeles co., S Calif.; settled in the 1850s, inc. 1957. With the arrival (1875) of the Southern Pacific RR, it became a center for the dairy and logging industries, but
, CT 06856-5116); also available online at www.fasb.org See .org.

(networking) org - The top-level domain for organisations or individuals that don't fit any other top-level domain (national, com, edu, or gov). Though many have .org domains, it was never intended to be limited to non-profit organisations.

RFC 1591.


GASB--Governmental Accounting Standards Board (Order Department, Governmental Accounting Standards Board The Governmental Accounting Standards Board (GASB) is currently the source of generally accepted accounting principles (GAAP) used by State and Local governments in the United States of America. . 401 Merritt 7, P.O. Box 5116, Norwalk, CT 06856-5116); also available online at www.gasb.org

AICPA--American Institute of CPAs (American Institute of Certified Public Accountants With over 330,525 CPA members (in August 2006), the American Institute of Certified Public Accountants (AICPA) is the largest professional organization of Certified Public Accountants (CPAs) in the United States of America. , Harborside har·bor·side  
n.
The area adjacent to a harbor.
 Financial Center, 201 Plaza For the hotel in New York City, see .

Plaza (IPA /'plaθa/ or /'plasa/ 
 Three, Jersey City, NJ 07311-3881). As of May 1, 2000, AICPA AICPA

See American Institute of Certified Public Accountants (AICPA).
 publishes exposure drafts exclusively on the Web site at www.aicpa.org. Print copies are not available.

IASB--International Accounting Standards Board (International Accounting Standards Board An editor has expressed concern that this article or section is .
Please help improve the article by adding information and sources on neglected viewpoints, or by summarizing and
, 30 Cannon Street Cannon Street is a road in the south of the City of London. It runs roughly parallel with the River Thames, and about 250 metres north of it. It is the site of the ancient London Stone. , London London, city, Canada
London, city (1991 pop. 303,165), SE Ont., Canada, on the Thames River. The site was chosen in 1792 by Governor Simcoe to be the capital of Upper Canada, but York was made capital instead. London was settled in 1826.
 EC4M 6XH, United Kingdom), also available online at www.iasb.org.uk

IFAC--International Federation of Accountants (International Federation of Accountants The external links in this article or section may require cleanup to comply with Wikipedia's content policies. , 545 Fifth Avenue, 14th Floor, New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, NY 10017); also available online at www.ifac.org

SEC--Securities and Exchange Commission (Securities and Exchange Commission, 450 5th Street, N.W., Washington Washington, town, England
Washington, town (1991 pop. 48,856), Sunderland metropolitan district, NE England. Washington was designated one of the new towns in 1964 to alleviate overpopulation in the Tyneside-Wearside area.
, DC 20549); also available online at www.sec.gov/rules/propridx.htm and www.sec.gov/rules/concindx.htm#con

FASAB--Federal Accounting Standards Advisory Board (Federal Accounting Standards Advisory Board The Federal Accounting Standards Advisory Board (FASAB) is a United States federal advisory committee whose mission is to develop generally accepted accounting principles for federal financial reporting entities. , 441 G Street, N.W., Suite 6814, Washington, DC 20548); also available online at www.fasab.gov See .gov and GovNet.

(networking) gov - The top-level domain for US government bodies.


GAO--U.S. General Accounting Office (Government Auditing Standards Comments, Marcia Marcia can refer to:
  • Marcia (first name)
  • James E. Marcia, a Canadian psychologist.
 B. Buchanan, U.S. General Accounting Office, Room 5089, 441 G Street, N.W., Washington, DC 20548); www.gao.gov

PCAOB--Public Company Accounting Oversight
For Oversight in Wikipedia, see Wikipedia:Oversight.


Oversight may refer to:
  • Government regulation — The role of an official authority in regulating a separate authority.
 Board, 1666 K Street, N.W., Washington, DC 20006-2803; info@pcaobus.org

AICPA TECHNICAL HOTLINE 1. (company) Hotline - Hotline Communications Ltd..
2. (messaging) Hotline - Hotline Connect.


The Technical Information Service answers inquiries about specific audit or accounting problems. Call toll-free 1-888-777-7077 or e-mail query To interrogate a collection of data such as records in a database. The term may also be used to search a single file or collection of files such as HTML files on the Web. However, in addition to obtaining lists of records that match the search criteria, queries to a database allow for  to aahotline@aicpa.org. This service is free to AICPA members.

Note: The above list is not all-inclusive but is intended to present the exposure drafts of particular interest to professional accountants.
COPYRIGHT 2004 American Institute of CPA's
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Journal of Accountancy
Date:Jan 1, 2004
Words:1870
Previous Article:Institute honors Kessler.
Next Article:Official releases: SOP 03-3.



Related Articles
Exposure drafts outstanding.
Exposure drafts outstanding.
Exposure drafts outstanding.
Exposure drafts outstanding.
Exposure drafts outstanding.
Exposure drafts outstanding.
Exposure drafts outstanding.
Exposure drafts outstanding.
Exposure drafts outstanding.
Exposure drafts outstanding.

Terms of use | Copyright © 2013 Farlex, Inc. | Feedback | For webmasters | Submit articles