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Financial Reporting Committee 

IMA's Financial Reporting Committee (FRC) respresents IMA members to standard-setting bodies.

FRC comments on proposed standards of the Financial Accounting Standards Board, Governmental Accounting Standards Board, American Institute of Certified Public Accountants, International Accounting Standards Committee, International Federation of Accountants, and the U.S. Securities and Exchange Commission. FRC proactively brings relevant issues to the attention of these organizations and suggests solutions on behalf of IMA's members and the profession at large.

For inquiries about the Financial Reporting Committee, please contact:
Linda Devonish - Mills, CMA,CPA
Director, Market Advocacy
lmills@imanet.org
201-474-1645

Financial Reporting Committee (FRC) Letters

May 15, 2013

FASB's Exposure Draft on Financial Instruments - Recognition and Measurement

December 12, 2012

IFRS Foundation's Proposal to Establish an Accounting Standards Advisory Forum

December 11, 2012

FASB Proposed Accounting Standards Update: Clarifying the Scope of Disclosures about Offsetting Assets and Liabilities

November 07, 2012

FASB Invitation to Comment: Disclosure Framework (DP)

September 28, 2012

Invitation to Comment: IASB and IFRS Interpretations Committee Due Process Handbook

September 26, 2012

FASB Proposed Accounting Standards Update: Financial Instruments, Disclosures about Liquidity and Interest Rate Risk

September 06, 2012

FAF Post Implementation Review of FAS #131 - Segment Reporting

April 12, 2012

Lessee Accounting Issues to be considered under Leasing Project

March 23, 2012

AICPA Working Draft of Accounting and Valuation Guide, Testing Goodwill for Impairment

March 13, 2012

FASB/IASB Exposure Draft - Revenue from Contracts with Customers

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