Search
Certified Public Accountants
& Business Consultants

Accounting & Audit Alert November 2016


 

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


11/01/2016

FASB Proposes Technical Corrections And Improvements To New Revenue Recognition Guidance


The FASB has issued an Exposure Draft titled, Technical Corrections and Improvements to Update No. 2014-09, Revenues from Contracts with Customers (Topic 606), Additional Corrections.

11/01/2016

FASB Proposes Changes To Rules For Amortization Of Premium On Purchased Callable Debt Securities


The FASB has issued an Exposure Draft titled, Receivables – Nonrefundable Fees and Other Costs (Subtopic 310-20): Premium Amortization of Purchased Callable Debt Securities.

11/01/2016

FASB Issues Exposure Draft Related To Accounting For Certain Long-Duration Contracts


The FASB has issued an Exposure Draft titled, Financial Services – Insurance (Topic 944) – Targeted Improvements to the Accounting for Long-Duration Contracts.

11/01/2016

GASB Proposes Omnibus Statement Addressing A Broad Range Of Practice Issues


The GASB has issued the Exposure Draft, Omnibus 201X, which proposes guidance to address a diverse set of accounting and financial reporting issues identified during implementation and application of certain GASB pronouncements. The requirements of this Exposure Draft would improve consistency in the application of GASB pronouncements.

 

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