Certified Public Accountants
& Business Consultants

Accounting & Audit Alert June 2014


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

FASB Issues Pushdown Accounting Proposal

The Financial Accounting Standards Board (FASB) has issued a proposed Accounting Standards Update (ASU), Business Combinations (Topic 805): Pushdown Accounting.

GASB Issues Concepts Statement On Measurement Of Assets And Liabilities

The Governmental Accounting Standards Board (GASB) has issued Concepts Statement No. 6, Measurement of Elements of Financial Statements.

Financial Accounting Foundation Issues Annual Report

The Financial Accounting Foundation (FAF), the parent body of the Financial Accounting Standards Board (FASB) and the Governmental Accounting Standards Board (GASB), has released the 2013 Annual Report.

PCAOB Issues Supplemental Request For Comment On Proposal For Reorganization Of Auditing Standards

The Public Company Accounting Oversight Board (PCAOB) has issued a supplemental request for comment on its proposal for the reorganization of PCAOB auditing standards.


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