Exposure drafts outstanding.
Exposure Drafts Outstanding (This list was compiled as of October 1, 2004. 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 continents deadline has expired. The list is not all-inclusive but is intended to present the exposure drafts of particular interest to professional accountants.) Issue Comment Date Title or Description Deadline FASB 6/23/04 Fair Value Measurements 9/7/04 6/17/04 Accounting for Conditional Asset Retirement 8/1/04 Obligations--an interpretation of FASB Statement No. 143 3/31/04 Share-Based Payment--an amendment of FASB 6/30/04 Statements No. 123 and 95 12/15/03 Inventory Costs--an amendment of ARB No. 43, 4/13/04 Chapter 4 12/15/03 Earnings per Share--an amendment of FASB 4/13/04 Statement No. 128 12/15/03 Exchanges of Productive Assets--an amendment 4/13/04 of APB Opinion No. 29 12/15/03 Accounting Changes and Error Corrections-- 4/13/04 a replacement of APB Opinion No. 20 and FASB Statcrnwnt No. 3 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 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) 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 Deferred 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 ASB (AICPA) 3/5/04 Proposed Statement of Position, Auditing the 4/2/04 Statement of Social Insurance 3/18/03 Proposed Statement on Auditing Standards, 5/30/03 Communication of Internal Control Related Matters Noted in an Audit 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 Mis- statement; 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) 9/20/04# XBRL US Financial Reporting Taxonomy 11/19/04# Framework# 8/9/04 Omnibus Proposal of Professional Ethics 10/8/04 Division Interpretations and Rulings 7/15/04 Forensic Services, Audits, and Corporate 10/15/04 Governance: Bridging the Gap 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, 4/30/03 "Tax Planning," of Statement on Standards for Tax Services No. 1, Tax Return Positions 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 4/15/04 Use of Form S-8 and Form 8-K by Shell 6/7/04 Companies; Release No. 34-49566 3/11/04 First-Time Application of International 4/19/04 Financial Reporting Standards; Release Nos.: 33-8397; 34-49403; International Series Release No. 1274 (See Correction 3/18/04; Release Nos. 33-8397A; 34-49403A; International Series Release No. 1274A) 6/26/02 Framework for Enhancing the Quality of 9/3/02 Financial Information Through Improvement of Oversight of the Auditing Process; Release Nos. 33-8109; 34-46120; 35-27543; IA-2039; IC-25624 5/10/02 Disclosure in Management's Discussion and 7/19/02 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 6/30/04 Net Assets Restricted by Enabling Legislation 8/31/04 --an amendment of GASB Statements No. 34 and No. 44 6/23/04 Communication Methods 9/30/04 IFAC 7/14/04 Preface to the International Standards on 10/15/04 Quality Control, Auditing, Assurance and Related Services--IAASB Due Process and Working Procedures 1/20/04 Revenue from Non-Exchange Transactions 6/30/04 (Including Taxes and Transfers) 1/20/04 Accounting for Social Policies of Governments 6/30/04 12/23/03 ISA 600 (Revised), "The Work of Related 3/31/04 Auditors and Other Auditors in the Audit of Group Financial Statements" and IAPS, "The Audit of Group Financial Statements" 12/22/03 ISA700 (Revised), "The Independent Auditor's 3/31/04 Report on a Complete Set of General Purpose Financial Statements" ISA 200, "Objective and General Principles Governing an Audit of Financial Statements" Amendment to ISA 210, "Terms of Audit Engagements" Conforming Amendments 11/11/03 Revision to Code of Ethics for Professional Accountants 2/15/04 10/30/03 Continuing Professional Development: 12/31/03 A Program 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 6/24/03 Proposed International Standard on Auditing: 9/30/03 "Review of Interim Financial Information Performed by the Auditor of the Entity" FASAB 7/21/04 Deferral of the Effective Date of 8/20/04 Reclassification of the Statement of Social Insurance: Amending SFFAS Nos. 25 and 26 4/26/04 Inter-Entity Cost Implementation: Amending 7/31/04 SFFAS 4, "Managerial Cost Accounting Standards and Concepts" 10/16/03 Identifying and Reporting on Earmarked Funds 12/17/03 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 are indicated with #.
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, PO 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). AI CPA 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, 30 Cannon Street, London EC4M 6XH, United Kingdom), also available online at www.iasb.org.uk
IFAC--International Federation of Accountants (International Federation of Accountants, 545 Fifth Avenue, 14th Floor, New York, NY 10017); also available online at www.ifae.org
SEC--Securities and Exchange Commission (Securities and Exchange Commission, 450 5th Street, N.W., Washington, DC 20549); also available online at www.see.gov
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.fasab.gov
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.gov
PCAOB--Public Company Accounting Oversight Board, 1666 K Street, N.W., Washington, DC 20006 2803; email@example.com
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|Publication:||Journal of Accountancy|
|Date:||Nov 1, 2004|
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