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January 2012
Accounting Roundup .
by Joe DiLeo and Bryan Benjamin, Deloitte Touche LLP
Contents Auditing Matters
Financial Instruments • ASB Issues SAS 125 as Part of Clarity Project
• COSO Issues Exposure Draft to Update Internal Control —
• FASB and IASB Agree to Jointly Deliberate Classification and Integrated Framework
Measurement
• Boards Continue Discussions of Impairment GASB Matters
Health and Welfare Plans • FAF Appoints Two New Members to GASB
• AICPA Issues TPAs on Certain Accounting and Disclosure Appendix A: Significant Adoption Dates and Deadlines
Topics Related to Financial Statements for Health and Appendix B: Industry Publications
Welfare Plans
Appendix C: Glossary of Standards
Income Taxes
Appendix D: Abbreviations
• FAF Issues Post-Implementation Review Report on
Effectiveness of Interpretation 48
Dbriefs for Financial Executives
Intangible Assets
• FASB Proposes Amendments to Guidance on Impairment We invite you to participate in Dbriefs, Deloitte’s webcast
Testing of Indefinite-Lived Intangible Assets series that delivers practical strategies you need to stay on top
of important issues. Gain access to valuab
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