Exposure drafts outstanding.

(This list was compiled as of September 1, 2001. 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

7/10/01    Accounting in Interim and Annual Financial        10/15/01
           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 and a rescission of FASB Statement
           No. 73

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

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

6/30/00    Accounting for the Impairment or Disposal         10/13/00
           of Long-Lived Assets and for Obligations
           Associated with Disposal Activities

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

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

AcSEC (AICPA)

6/29/01    Accounting for Certain Costs and Activities       10/15/01
           Related to Property, Plant, and Equipment

4/2/01     Amendments to Specific AICPA                       5/18/01
           Pronouncements for Changes Related to
          the NAIC Codification

11/21/00   Accounting for Investors' Interests in             4/15/01
           Unconsolidated Real Estate Investments

5/30/00    Accounting by Certain Financial Institutions       8/31/00
           and Entities That Lend to or Finance the
           Activities of Others (an amendment of existing
           AICPA audit and accounting guides)

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

ASB (AICPA)

6/27/01    Proposed Statement on Auditing Standards           8/27/01
           and Statement on Standards for Attestation
           Engagements

ASB (AICPA)

5/1/01     Proposed Statement on Auditing Standards,          7/5/01
           Generally Accepted Auditing Standards

OTHER (AICPA)

6/15/01    WebTrust Confidentiality Principle and Criteria    7/31/01

4/16/01    Omnibus Proposal of Professional Ethics            7/16/01
           Division Interpretations and Rulings

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

4/18/00    Proposed Statements on Standards for Tax           7/18/00
           Services and Interpretation

12/31/99   Proposed Statement on Standards for Accounting     6/9/00
           and Review Services: Financial Statements
           Included in Written Business Valuations

SEC

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

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

12/4/98    The Regulation of Securities Offerings             6/30/99

GASB

7/31/01    The Financial Reporting Entity--Affiliated        10/31/01
           Organizations (an amendment of GASB
           Statement No. 14)

IFAC

6/01       Related Party Disclosures (ED20, proposed         11/30/01
           international public sector accounting
           standard)

6/01       Provisions, Contingent Liabilities, and           11/30/01
           Contingent Assets (ED21, proposed
           international public sector accounting
           standard)

4/01       Independence--Re-exposure                          6/30/01

2/01       The Relationship between Banking                   6/12/01
           Supervisors and Bank's External Auditors

1/26/01    Events After the Reporting Date (ED16,             5/31/01
           proposed international public sector
           accounting standard)

1/26/01    Segment Reporting (ED17, proposed                  5/31/01
           international public sector accounting
           standard)

1/26/01    Financial Instruments: Disclosure and              5/31/01
           Presentation (ED18, proposed international
           public sector accounting standard)

1/26/01    Investment Property (ED19, proposed                5/31/01
           international public sector accounting
           standard)

9/00       The Audit of International Commercial Banks        1/31/01
           (proposed international auditing practice
           statement)

7/16/00    Impairment of Assets (public sector committee      1/30/01
           invitation to comment)

7/16/00    Property, Plant and Equipment (ED14,              11/30/00
           proposed international public sector
           accounting standard)

7/16/00    Lease (ED15, proposed international public        11/30/00
           sector accounting standard)

5/24/00    Financial Reporting under the cast Basis          11/30/00
           of Accounting (ED9, proposed statement
           of international public sector accounting)

GAO

5/4/01     Government Auditing Standards: Independence        7/30/01
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 (unless otherwise indicated).

FASB--  Financial Accounting Standards Board (Order Department,
        Financial Accounting Standards Board, 401 Merritt 7, P.O. Box
        5116, Norwalk, CT 06856-5116); also available online at
        www.fasb.org

GASB--  Governmental Accounting Standards Board (Order Department,
        Governmental Accounting Standards Board, 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, Harborside Financial Center, 201 Plaza
        Three, Jersey City NJ 07311-3881). As of May 1, 2000, AICPA
        publishes exposure drafts exclusively on the Web site at
        www.aicpa.org. Print copies are not available.

IASC--  International Accounting Standards Committee (International
        Accounting Standards Committee, 166 Fleet Street, London
        EC4A 2DY, England); also available online at www.iasc.org.uk

IFAC--  International Federation of Accountants (International
        Federation of Accountants, 535 Fifth Avenue, 26th Floor, New
        York, NY 10017); also available online at www.ifac.org

SEC--   Securities and Exchange Commission (Securities and Exchange
        Commission, 450 5th Street, N.W., Washington, 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, 441 G Street, N.W.,
        Suite 6814, Washington, DC 20548); also available online at
        www.financenet.gov/fasab.htm

GAO--   U.S. General Accounting Office (Government Auditing
        Standards Comments, Marcia B. Buchanan, U.S. General
        Accounting Office, Room 5089, 441 G Street, N.W.,
        Washington, DC 20548); www.gao.org

AICPA TECHNICAL HOTLINE

The Technical Information Service answers inquiries about specific
audit or accounting problems. Call toll-free 1-888-777-7077 or
e-mail query to [e-mail]. 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.