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Accounting & Audit Alert August 2014


RubinBrown's Accounting & Auditing Alert is published monthly to inform our clients and contacts about relevant technical accounting and audit-related information.

GASB Publishes Exposure Drafts On Other Postemployment Benefits

The Governmental Accounting Standards Board (GASB) has issued three Exposure Drafts regarding accounting and financial reporting for postemployment benefits.

FASB Issues Accounting Standards Update Related To Repurchase Agreements

The Financial Accounting Standards Board (FASB) has issued Accounting Standards Update (ASU) 2014-11, Transfers and Servicing (Topic 860): Repurchase-to-Maturity Transactions, Repurchase Financings, and Disclosures.

FASB Issues Guidance For Certain Share-Based Payments

The Financial Accounting Standards Board (FASB) recently issued Accounting Standards Update (ASU) 2014-12, Compensation—Stock Compensation (Topic 718): Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period.


Readers should not act upon information presented without individual professional consultation.