Accounting Tip of the Day: New ASU 2011-04 on Fair Value

Posted by Teresa Bockwoldton Wed, May 18, 2011 @ 04:00 PM

 Our friends at BPM sent us this alert today regarding an Accounting Standards Update (ASU) 2011-04, Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRS and we felt our readers should know about this.  Here is a snippet:

Read More

Tags: Accounting Tip of the Day, Codification tools

Will Internal Controls be Weakened by Codification?

Posted by Teresa Bockwoldton Wed, Apr 21, 2010 @ 04:00 PM

"Could Codification Weaken Internal Controls?  Maybe.  And here's what you can do to mitigate the effect on your accounting policies, disclosures, and error detection.

Read More

Tags: Sarbanes-Oxley Articles & Information, Compliance tools, 404, Controls Testing, Codification tools

Codification Tools: FAS 123(R) ASC 718 Compensation Information

Posted by Teresa Bockwoldton Sun, Feb 28, 2010 @ 03:00 PM

We have just posted a significant amount of FAS 123(R) ASC 718 Compensation - Stock Compensation codification cross reference information to our Codification Tools page. 

Read More

Tags: Compliance tools, Controls Testing, Sarbanes-Oxley Training, compliance, Sarbanes-Oxley, Codification tools

Compliance Tools: Still More Codification Cheat Sheet Information

Posted by Teresa Bockwoldton Thu, Feb 18, 2010 @ 08:34 PM

Here is more codification information from the FASB Accounting Standards.  Please verify the accuracy of this information prior to relying on it. 

Read More

Tags: Compliance tools, Controls Testing, Sarbanes-Oxley Training, compliance, Sarbanes-Oxley, Codification tools

Compliance Tools: Even More Codification Cheat Sheet Information

Posted by Teresa Bockwoldton Thu, Feb 18, 2010 @ 06:56 PM

DERIVATIVES

Accounting Standards

FASB Codification

Definition

FAS 133, par. 6, 9

FSPEITF 00-19-2

ASC 815-10-15

ASC 825-20

Scope exceptions

FAS 133, par. 10

FAS 133, par. 11a

EITF 07-5

EITF 00-19

DIG A6

DIG A10

DIG A12

DIG C12

ASC 815-10-15

ASC 815-10-15-74

ASC 815-40-15

ASC 815-40

ASC 815-10-55

ASC 815-10-15

ASC 815-10-55-99 thru 110

ASC 815-10-15-39

Embedded Derivatives

FAS 133, par. 12, 13, 61

DIG B16

 

DIG B38

DIG B39

EITF D-109

ASC 815-15-25

ASC 815-15-25-42 thru 43, and 815-15-55-13

ASC 815-10-15-107 thru 109

ASC 815-15-25-37 thru 39, and 815-15-55-25

ASC 815-10-S99-3

HEDGING

Accounting Standard

FASB Codification

Eligibility/ Designation

DIG G2

DIG G13

FAS 133, par. 20c, 28c

FAS 133, par. 29

FAS 133, par. 32

FAS 133, par. 40a

ASC 815-20-55-111 Example 8

ASC 815-20-55-88 Example 4

ASC 815-20-25-94

ASC 815-20-25-15

ASC 815-30-40-1 thru 3

ASC 815-20-25-61

Hedge effectiveness and ineffectiveness

FAS 133, par. 68

DIG G20

FAS 133, par. 120c

FAS 138 FV Example

DIG G7 Method 1

DIG G7 Method 2

DIG G7 Method 3

DIG H8

DIG E7

ASC 815-20-25-102 thru 117

ASC 815-20-25-126, 55-209, and 35-33

ASC 815-25-55-53 Example 9

ASC 815-25-55-72 Example 11

ASC 815-30-35-16

ASC 815-30-35-25

ASC 815-30-35-31

ASC 815-35-35

ASC 815-20-35

OTHER BROAD TRANSACTIONS

Accounting Standard

FASB Codification

Transfers

FAS 140/FAS 166***

 

FAS 156

ASC 860, ***Not yet codified

ASC 860-50-35 and 860-50-50-5

Consolidations

FIN 46R/FAS 167***

 

ARB 51

FAS 160

EITF 96-16

EITF 04-5

EITF 85-12

ASC 810, ***Not yet codified

ASC 810-10

ASC 810-10-65-1

ASC 810-10-25-1 thru 14

ASC 810-20-25-1 thru 20, and 810-20-55-1 thru 16

ASC 810-10-25-15

Leasing

FAS 13

FAS 98

EITF 97-10

EITF 01-8

EITF 00-13

ASC 840

ASC 840-40

ASC 840-40-55

ASC 840-10-15/55

ASC 360-20-15/55

Foreign Currency Matters

FAS 52

EITF D-55

ASC 830

ASC 830-10-45-12 and 830-10-55-2

Read More

Tags: Compliance tools, Controls Testing, Sarbanes-Oxley Training, compliance, Sarbanes-Oxley, Codification tools

Compliance Tools: Codification Cross Reference Guide & Cheat Sheets

Posted by Teresa Bockwoldton Sun, Feb 14, 2010 @ 03:00 PM

We have complimentary codification cross reference cheat sheets to help with compliance with the new financial reporting requirements available for download via registering in the box in the upper right hand corner.

Read More

Tags: Compliance tools, Controls Testing, Product Information, Sarbanes-Oxley Training, compliance, Sarbanes-Oxley, Codification tools, Sarbanes-Oxley for Non-Profits

Compliance Tools: Codification (TM) Cheat Sheet - The ASC Topic Listing

Posted by Teresa Bockwoldton Mon, Feb 08, 2010 @ 03:00 PM

Here you go gang, more codification information. I hope this is useful and please review it for accuracy before relying on it.  This is a link to a nice article about Codification: http://asc.fasb.org/imageRoot/63/6537863.pdf

Read More

Tags: Compliance tools, Codification tools

More codification cross reference cheat sheet information!

Posted by Teresa Bockwoldton Wed, Feb 03, 2010 @ 03:00 PM

We have some codification(tm) cross reference cheat sheets information available to help with compliance with the new financial reporting requirements available for download via this link. 

Read More

Tags: Compliance tools, Controls Testing, Sarbanes-Oxley Training, compliance, Sarbanes-Oxley, Codification tools

Codification Cross Reference Cheat-Sheets Available

Posted by Teresa Bockwoldton Sun, Dec 06, 2009 @ 03:00 PM

We have codification cross reference cheat-sheets available for those of you who need them.  Contact me at tbockwoldt@vibato.com and I will send them to you!

Read More

Tags: Compliance tools, Controls Testing, Sarbanes-Oxley Training, compliance, Sarbanes-Oxley, Codification tools