Private Company Roundtable Sept. 29.

PositionNEWS FROM FEI POLICY AND ADVOCACY COMMITTEES - Conference notes

The FEI Private Company Roundtable has scheduled its quarterly teleconference for Wed., Sept. 29, at 2 p.m. EST.

The Roundtable was designed to give senior-level financial executives from private companies a venue to discuss topical and timely issues with elected officials in Washington, D.C.

For more information on the Round-table or to register for the call, contact Tyler Roberts, policy analyst in the Government Affairs department for FEI in Washington, D.C., at troberts@financialexecutives.org or 202.626.7807.

Committee on Corporate Reporting (CCR) is currently drafting comment letters in response to:

* FASB ED on Financial Instruments that is due on Sept. 30 or Sept. 1 if participating in the roundtables.

* FASB/IASB EDs on Revenue Recognition, Comprehensive Income and Fair Value.

* On July 29, CCR's SEC Subcommittee met with the SEC to discuss the IFRS impact to companies and the SEC of the newly passed Frank-Dodd Wall Street Reform and Consumer Protection Act.

Committee on Finance and Technology (CFIT)

The committee recently met at Intel Corp., in Portland, Ore. Among the presentations, John Van Decker, vice president of Research for Gartner, led a discussion of the 2010 Technology Issues for CFOs Survey. The 2011 survey will be launched in early October, and CFIT will promote the value of this annual survey to other FEI members.

Committee on Private Company Standards (CPC-S)

* On July 22, FEI commented to the Financial Accounting Standards Board on effective dates of standards for private companies. Since the blue ribbon panel decisions may render some of FASB's upcoming pronouncements inapplicable to private companies, the letter recommends that FASB defer for a minimum of three years the effective dates of all new accounting standards issued through 2012 (or beyond 2012, if the final convergence standards under its Memorandum of Understanding with the International Accounting Standards Board are issued beyond 2012).

* On July 19, CPC-S filed a comment letter on the FASB Exposure Draft on the Conceptual Framework for Financial Reporting, The Reporting Entity.

Committee on Taxation (COT)

COT has submitted several comment letters on...

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