American
Institute
Of
Certified
Public
Accountants
- General view of users needs for information
- a)investors' and creditors' objectives and approaches
b)types of information that investors and creditors use and the relative usefulness of that information
c)investors'and creditors' use of information to achieve their objectives
- a) relevance
b) reliability and neutrality, including conservatism and volatility
c) comparability, excluding alternative accounting procedures
- a) compliance and criticism of Statement 14
b)basis of disaagregation
c) types of disaggregated information disclosed
d) frequency of segment reporting
e) others
- a) income statement, including core earnings and comprehensive income
b)balance sheet
c)cash flow statement
-
a) goodwill
b)other intangible assets
- a)procedures based on choice such as accounting for inventories and depreciation
b)procedures based on criteria excluding accounting for leases, such as accounting for business combinations
c) accounting for leases and other "executory" contracts
d)others
-
a) definition
b)types of opportunities and risks that should be disclosed
c) content of disclosure about opportunities and risks
-
a) frequency of interim reporting
b) periods covered by financial statements
c) content of financial statements and related disclosures
d) integral and discrete approach
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a) databases
b) other
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a) benefits and criticisms of audits
b) the scope of auditing
c) audit reports
d) frequency of auditing
e) reviews
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a) international harmonization of standards
b) impact of litigation
c) resistance to change
d) investor and creditor involvement in setting accounting standards
e) FASB
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