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US Generally Accepted Accounting Principles

US Generally Accepted Accounting Principles

Responses and comment letters on key issues to US standards setters, including the FASB and the SEC.

Date	Title / Description	Documents
May 23, 2012	Netting and Offsetting: Reporting derivatives under U.S. GAAP and under IFRS The paper is intended to give the reader an insight into the different offsetting requirements under IFRS and U.S. GAAP and their impact on the new Basel III Leverage Ratio.
May 15, 2012	Letter from the Office of the Chief Accountant at the SEC ISDA received confirmation that the SEC staff supports the view that the novation of a bilateral OTC derivative contract (that has been designated as an accounting hedge) to a clearing organization does not result in the termination of the original bilateral derivative contract and associated hedge relationship.
April 28, 2011	ISDA Comments on FASB/IASB Exposure Draft ISDA Comment Letter on ED/2011/1, Offsetting Financial Assets and Financial Liabilities
April 26, 2011	Selected Issues on Hedge Accounting Comment to FASB Director of Technical Application and Implementation Activities, File Reference Number 2011-175
September 7, 2010	Proposed Accounting Standards Update: Amendments for Common Fair Value Measurement and Disclosure Requirements in US GAAP and IFRSs Comment letter to FASB on File Reference Number 1830-100
September 1, 2010	Proposed Accounting Standards Update: Accounting for Financial Instruments and Revisions to the Accounting for Derivative Instruments and Hedging Activities Comment letter to FASB on File Reference Number 1810-100
October 9, 2009	Improving Disclosures about Fair Value Measurements Proposed Accounting Standards Update to Topic 820; to Russell Golden, FASB
July 8, 2009	Estimating the Fair Value of Investments in Investment Companies That Have Calculated Net Asset Value per Share in Accordance with the AICPA Audit and Accounting Guide, Investment Proposed FASB Staff Position FAS 157-g; to Russell Golden, FASB
June 1, 2009	Measuring Liabilities under FASB Statement No. 157 Proposed FASB Staff Position FAS 157-f; to Russell Golden, FASB
March 27, 2009	Comments on Proposed FASB Staff Position FAS 157-e, Determining Whether a Market Is Not Active and a Transaction Is Not Distressed; to Russell Golden, FASB

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