by American Institute of Certified Public Accountants in New York, N.Y. (1211 Ave. of the Americas, New York 10036-8775) .
Written in English
|LC Classifications||HF5686.B65 A44 1985a|
|The Physical Object|
|Pagination||vi, 33 p. ;|
|Number of Pages||33|
|LC Control Number||86118663|
Get this from a library! Savings and loan associations: an AICPA audit and accounting guide. [American Institute of Certified Public Accountants. Committee on Savings and Loan Associations.; American Institute of Certified Public Accountants. Accounting Standards Division.; American Institute of Certified Public Accountants. Special Task Force on Audits of Repurchase Securities Transactions.;]. In June , the GASB established new guidance that establishes a single approach to accounting for and reporting leases by state and local governments. The approach is based on the principle that leases are financings of the right to use an underlying asset. Other Postemployment Benefits. Information about Statements 74 & 75 on other. Selling, Securitizing & Delivering This part describes the requirements associated with the two primary ways lenders transact business with Fannie Mae: selling whole loans for cash and pooling loans into Fannie Mae mortgage-backed securities (MBS), which includes Uniform Mortgage-Backed Securities (UMBS). The Private Securities Litigation Reform Act of (the Reform Act), among other things, amended the Securities Exchange Act of (the Exchange Act) to add Section 10A. This section requires that each audit under the Exchange Act include procedures regarding the detection of illegal acts, the identification of related party transactions.
first step in a task force review of the feasibility of developing a uniform surveillance system. At the Council's March meeting, the task force presented a prototype Uniform Bank Holding Company Per formance Report (UBHCPR). Develop ment of such a report was assigned to the task force . The Report of the Task Force on Disclosure Simplification, issued in March , identified five "strains" in the regulatory system for securities offerings. The first one mentioned was technological developments in the field of electronic communications. American Institute of Certified Public Accountants. Special Task Force on Audits of Repurchase Securities Transactions (Docs: 1) American Institute of Certified Public Accountants. State and Local Government Accounting Committee (Docs: 2) American Institute of Certified Public Accountants. Securities transactions between a broker-dealer and the custodian involving purchase or sale of securities by transfer of money or securities must be made on a “delivery vs. payment” basis, if applicable, to ensure that the custodian will have the security or money, as appropriate, in hand at the conclusion of the transaction.
The council has six voting members: the Board of Governors of the Federal Reserve System, the FDIC, the National Credit Union Administration, the OCC, the Consumer Financial Protection Bureau, and the chair of the State Liaison Committee. Return to text. ASU — Statement of Cash Flows (Topic ): Restricted Cash (a consensus of the FASB Emerging Issues Task Force). The amendments in this Update require that a statement of cash flows explain the change during the period in the total of cash, cash equivalents, and amounts generally described as restricted cash or restricted cash equivalents. Securities registered or to be registered pursuant to Section 12(g) of the Act: None. Securities for which there is a reporting obligation pursuant to Section 15(d) of the Act: None. Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule of the Securities Act. Yes ☐ No ☒. Report, audits of the adoption of new accounting poli-cies, audits of information systems and the related con - trol environment, as well as reviews of quarterly finan-cial results. Audit-related services include other assurance ser-vices provided by the independent auditor but not restricted to those that can only be provided by the stat -.