Fasb and the standard setting process

To accomplish its mission, the FASB acts to:

Fasb and the standard setting process

Who presents the information for one of these courses? Each Cooperative Learning Network will have one or more speakers who are recognized experts on the topic. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit.

Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors through its website: Member registrants, if unable to participate, will be provided with a link to the PODCast. What does my registration include?

Your registration includes long-distance charges for the audio portion and log-in to the video presentation. All handouts and presentation files are downloadable and may be printed out or saved to the participant's computer once they are logged in to the course meeting room.

Sessions include one Certificate of Attendance. Get right to the heart of the matter in a course designed to easily fit into your busy schedule.

No time out of the office. Listen and follow along from the comfort and convenience of your desk, device or conference room. CLNs are ideal for multiple attendees.

Fasb and the standard setting process

NSAC Cooperative Learning Networks are free for members and available to non members at a fraction of the cost of travel and attendance fees for other high-priced conferences or seminars.

For more information contact the National Office at or email to: Click here to order! Thursday, April 14, Time: Catalano, Practice Fellow Objective: Group-Live No advanced preparation or prerequisites are required for this course.

In this role, Mr. Catalano is also responsible for managing the FASB project to improve the accounting guidance for assessing goodwill for impairment. Earlier in his career, Mr.

Catalano also served several small to medium-sized privately held companies.

Fasb and the standard setting process

From toMr. Catalano held several leadership roles within the regional and national levels of PwC in areas such as operations, quality and business development.

He received his Bachelor of Science degree in Accountancy, magna cum laude, from Fairfield University. A PODCast of this workshop is now availble.

Additional Information For more information regarding this series or administrative policies such as complaint and refund, please contact the NSAC National offices, S. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:The current standard-setting process is too cumbersome and slow.

Much of the recent FASB guidance is rule based and focuses on a check-the-box mentality that inhibits transparency. Much of the recent FASB guidance is too complex. Financial Accounting and Accounting Standards Identify the major policy-setting bodies and their role in the standard-setting process.

8. Explain the meaning of generally accepted accounting principles. the accounting process, or both. Even though the FASB has assumed primary responsibility for the development of accounting.

The FASB accomplishes its mission through a comprehensive and independent process that encourages broad participation, objectively considers all stakeholder views, and is subject to oversight by the Financial Accounting Foundation’s Board of Trustees.

This month's column discusses the AICPA role in the standard-setting process. To obtaiu AICPA standards, contact the AICPA order department, JA, . Private Company Council (PCC) The Private Company Council improves the process of setting accounting standards for private companies.

The PCC is the primary advisory body to the FASB on private company matters. ow will the FASB’s new standard-setting H com and by phone at , Keith directly process for private companies be integrated by email at [email protected] and by phone at with the recommendations in the SEC’s

NSAC Cooperative Learning Network - NSAC - FASB Private Company Standard Setting