Accounting


 
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The AICPA issued four technical practice aids (TPAs) containing questions and answers related to FASB Interpretation No. 46(R), Consolidation of Variable Interest Entities. The TPAs—1400.29, on consolidated versus combined financial statements; 1400.30, on stand-alone financial statements of a variable interest entity; 1400.31, on the effects of a GAAP departure; and 1500.06, on the interpretation’s application to income tax basis financial statements—are available at www.aicpa.org/download/acctstd/FIN_46_R_TPAs.pdf .

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QUIZ

News quiz: Senate health care bill in the spotlight

Reports related to the Republican bill to repeal many provisions of the PPACA, other tax issues, and the giant AICPA ENGAGE Conference offered a diverse reading list for June. See how much you know about recent news with this short quiz.