The AICPA staff issued two technical practice aids (TPAs) (www.aicpa.org/members/div/acctstd/general/recent_tpas.asp) on the applicability of FASB Interpretation no. 45.

The AICPA AICPA

See American Institute of Certified Public Accountants (AICPA). staff issued two technical practice aids (TPAs) (www.aicpa. org/members/div/acctstd/general/ recent_tpas.asp) on the applicability of FASB FASB

See: Financial Accounting Standards Board

FASB

See Financial Accounting Standards Board (FASB). Interpretation no. 45, "Guarantor's Accounting and Disclosure Requirements for Guarantees, Including Indirect Guarantees of Indebtedness INDEBTEDNESS. The state, of being in debt, without regard to the ability or inability of the party to pay the same. See 1 Story, Eq. 343; 2 Hill. Ab. 421.
2. of Others" (www.fasb.org/st/summary/ finsum45.shtml). TPA (Transient Program Area) See transient area.

TPA - Transient Program Area 6400.45 addresses physician loans, and TPA 6400.46 discusses mortgage guarantees. Practitioners are encouraged to implement the guidance as soon as possible.

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Title Annotation:	Accounting
Publication:	Journal of Accountancy
Date:	Oct 1, 2004
Words:	72
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