Financial Reporting Developments - Exit or disposal cost obligations
We have updated our Financial Reporting Developments publication on exit or disposal cost obligations to provide additional interpretive guidance.

Financial Reporting Developments - Joint ventures
Our new Financial reporting developments publication, Joint ventures, is designed to help properly identify joint ventures and understand the related accounting issues. This publication addresses the latest guidance and views on the accounting applied by both a joint venture and its venturers for noncash assets contributed at formation.

Financial Reporting Developments - Business combinations
We have updated our Financial reporting developments publication, Business combinations to provide insights from the SEC, updates on recent standard-setting activities and further clarifications and enhancements to our interpretative guidance.

Financial Reporting Developments - Segment reporting - Accounting Standards Codification 280
We have updated our Financial Reporting Developments, Segment reporting, to further clarify and enhance our interpretive guidance.

Financial Reporting Developments - Derivative instruments and hedging activities
We have updated our Financial Reporting Developments publication. This edition includes further enhancements to our interpretive guidance primarily in the area of off-market derivatives in Appendix D, "Pitfalls on designation of non-zero fair value derivatives in hedge relationships." The revisions include clarifications to the guidance for determining whether an off-market derivative contains an other-than-insignificant financing element requiring specific presentation in the statement of cash flows.

Financial Reporting Developments - Intangibles - Goodwill and other
We have updated our Financial Reporting Developments, Intangibles – Goodwill and other, to incorporate recent standard-setting activities and further clarifications and enhancements to our interpretive guidance.

Financial Reporting Developments - Issuer’s accounting for debt and equity financings
This publication is designed to help readers navigate the various accounting literature that should be considered in accounting for debt and equity financings and includes a discussion of specific transactions.

Financial Reporting Developments - Accounting for reinsurance
We have updated our Financial Reporting Development, Accounting for Reinsurance, which was first published in December 1993. The updates include changes to the deposit accounting and long duration chapters, along with references to the FASB Accounting Standards Codification.

Financial Reporting Developments - Earnings per share
We have updated our Financial Reporting Developments publication, Earnings per share. This updated edition includes further enhancements to our interpretative guidance, including the earnings per share treatment of vested restricted stock units with deferred settlement provisions and instruments that may be settled in cash or stock. We also have included an example to illustrate the effect of a warrant that may be settled in cash or stock.

Financial Reporting Developments - Consolidated and other financial statements: Noncontrolling interests, combined financial statements, and parent company financial statements
We have updated our Financial Reporting Developments publication on noncontrolling interests, which includes changing the title to, Consolidated and other financial statements: Noncontrolling interests, combined financial statements, and parent company financial statements. We reorganized certain content and removed the discussion of the transition guidance in FASB Statement No. 160, an amendment of ARB No. 51 (primarily codified in ASC 810). We also enhanced the interpretive guidance in Chapter 2 related to the presentation of noncontrolling interests when derivatives are issued with or as part of those interests and added certain other interpretive guidance.

Financial Reporting Developments - Software: Revenue recognition
We have updated our FRD to clarify our guidance and reflect evolving industry practice for questions 3-19, Establishment of VSOE of fair value of PCS or other services subsequent to the outset of the arrangement, 7-11, Approaches to establishing VSOE of fair value of PCS and 9-3, Accounting for PCS services included in arrangements accounted for using contract accounting.

Financial Reporting Developments - Discontinued operations
We have updated our Financial Reporting Developments publication on discontinued operations to provide additional interpretive guidance.

Financial Reporting Developments - Revenue recognition: Multiple element arrangements
We have updated our Financial Reporting Developments publication, Revenue recognition – Multiple element arrangements, to include additional implementation guidance related to liquidated damages, determining the best estimate of selling price and capitalized costs in a revenue transaction.

Financial Reporting Developments - Insurance contract modifications or exchanges
We have updated our FRD on the accounting for deferred acquisition costs in connection with modifications or exchanges of insurance contracts. Most of the changes reflect the adoption of the Accounting Standards Codification.

Financial Reporting Developments - Statement of cash flows
We have updated our Financial Reporting Developments publication on statement of cash flows to provide additional interpretive guidance.

Financial Reporting Developments - Transfers and servicing of financial assets
We have updated our Financial reporting developments publication, Transfers and servicing of financial assets.This updated edition incorporates recent standard-setting activities, such as ASU 2011-03, Reconsideration of Effective Control for Repurchase Agreements, which became effective 1 January 2012, for calendar year-end entities.

Financial Reporting Developments - Fair value measurement
The FASB and IASB substantially converged their fair value measurement guidance through the issuance of ASU 2011-04 and IFRS 13 respectively. We have updated this FRD to address the amendments made by ASU 2011-04. While many of the amendments are clarifying in nature, others represent changes to existing principles or additional disclosure requirements. This publication is designed to assist you in interpreting the principles-based fair value framework and includes industry-specific guidance in the publication’s appendix.

Financial Reporting Developments - Bankruptcies and liquidations
We have updated our Financial Reporting Developments publication, Bankruptcies and liquidations. This updated edition includes an overview of the different types of bankruptcies, certain accounting considerations prior to entering bankruptcy and further enhancements to our interpretative guidance.

Financial Reporting Developments - Foreign currency matters
We have updated our Financial Reporting Developments publication, Foreign currency matters, to clarify the guidance for accounting for the cumulative translation adjustment (CTA) and for the EITF's current project to address the accounting for the CTA when an entity sells or transfers a group of assets within a foreign subsidiary that meets the definition of a business. We have also updated other sections of our publication on the accounting for intercompany foreign currency transactions of a long-term investment nature.

Financial Reporting Developments - Accounting for income taxes
We have updated our Financial Reporting Developments publication on income taxes to provide additional interpretive guidance.

Financial Reporting Developments - Certain investments in debt and equity securities
We have updated our Financial Reporting Developments publication on certain investments in debt and equity securities to provide additional interpretive guidance.

Financial Reporting Developments - Impairment or disposal of long-lived assets
We have updated our Financial Reporting Developments publication on impairment or disposal of long-lived assets to provide additional interpretive guidance.

Financial Reporting Developments - Lease accounting
We have updated our Financial Reporting Developments publication on lease accounting to provide additional interpretive guidance.

Financial Reporting Developments - Share-based payments
We have updated our Financial Reporting Developments publication on share-based payments to provide additional interpretive guidance.

Financial Reporting Developments - Real estate sales
We have updated our Financial Reporting Developments publication on real estate sales to reflect the FASB Accounting Standards Codification and address the guidance for real estate sales under ASC 360-20, Property, Plant and Equipment - Real Estate Sales.

Financial Reporting Developments - Real estate project costs
We have updated our Financial Reporting Developments publication on real estate costs to provide additional interpretive guidance.

Financial Reporting Developments - Asset retirement obligations
We have updated our Financial Reporting Developments publication on asset retirement obligations to reflect our current understanding of this guidance.

Financial Reporting Developments - Consolidation of variable interest entities
We have updated our Financial Reporting Developments publication on the consolidation of variable interest entities to provide insights from the SEC, updates on recent standard-setting activities and further clarifications and enhancements to our interpretative guidance.

Financial Reporting Developments - Proposed accounting for leases
Our FRD outlines the principles in the FASB and IASB joint proposal on leasing and highlights some of the more significant implications of the proposed changes.

Financial Reporting Developments - The road to convergence: the revenue recognition proposal
Our FRD outlines the principles in the FASB and IASB joint proposal on revenue recognition and highlights some of the more significant implications of the proposed revenue recognition model.