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	<title>Baton Rouge Accountants - Hannis T. Bourgeois, LLP &#187; News</title>
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		<title>Hannis T. Bourgeois, LLP Announces Promotions</title>
		<link>http://www.htbcpa.com/main/news/hannis-t-bourgeois-llp-announces-promotions-8/</link>
		<comments>http://www.htbcpa.com/main/news/hannis-t-bourgeois-llp-announces-promotions-8/#comments</comments>
		<pubDate>Mon, 23 Jan 2012 18:51:41 +0000</pubDate>
		<dc:creator>htbAdmin</dc:creator>
				<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://www.htbcpa.com/main/?p=857</guid>
		<description><![CDATA[Hannis T. Bourgeois, LLP, Certified Public Accountants, recently announced the following promotions.  Jay A. Montalbano, CPA, has been named a partner in the Audit Division.  He was previously a Senior Manager and has 12 years of public accounting experience.  Montalbano&#8217;s areas of specialization include auditing in the construction industry as well as business valuations.  In addition, [...]]]></description>
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		<title>Few New Accounting Standards Take Effect in 2012, But Many are Under Development</title>
		<link>http://www.htbcpa.com/main/news/few-new-accounting-standards-take-effect-in-2012-but-many-are-under-development/</link>
		<comments>http://www.htbcpa.com/main/news/few-new-accounting-standards-take-effect-in-2012-but-many-are-under-development/#comments</comments>
		<pubDate>Mon, 16 Jan 2012 23:13:35 +0000</pubDate>
		<dc:creator>jmontalbano</dc:creator>
				<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://www.htbcpa.com/main/?p=853</guid>
		<description><![CDATA[Even though only a small number of new accounting standards will take effect this year, several major changes are close to being ready for comment. Standards under development include new approaches for recognizing revenue and accounting for leases. The Financial Accounting Standards Board is also modifying the other comprehensive income presentation, and is expected to [...]]]></description>
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		<title>Rules and Regulations to Watch in 2012</title>
		<link>http://www.htbcpa.com/main/news/rules-and-regulations-to-watch-in-2012/</link>
		<comments>http://www.htbcpa.com/main/news/rules-and-regulations-to-watch-in-2012/#comments</comments>
		<pubDate>Mon, 16 Jan 2012 23:08:16 +0000</pubDate>
		<dc:creator>jmontalbano</dc:creator>
				<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://www.htbcpa.com/main/?p=849</guid>
		<description><![CDATA[Several rules and regulations that will affect a wide range of business operations are expected to take effect in 2012. Among the most significant are a new standard on fair-value measurement that goes into effect for U.S. companies in the first quarter, the Securities and Exchange Commission&#8217;s expected decision on the adoption of International Financial [...]]]></description>
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		<title>Accounting Boards Agree on Proposal for Loan Impairment</title>
		<link>http://www.htbcpa.com/main/news/accounting-boards-agree-on-proposal-for-loan-impairment/</link>
		<comments>http://www.htbcpa.com/main/news/accounting-boards-agree-on-proposal-for-loan-impairment/#comments</comments>
		<pubDate>Mon, 16 Jan 2012 23:03:15 +0000</pubDate>
		<dc:creator>jmontalbano</dc:creator>
				<category><![CDATA[Financial Institutions]]></category>
		<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://www.htbcpa.com/main/?p=846</guid>
		<description><![CDATA[The International Accounting Standards Board and the Financial Accounting Standards Board agreed on how to require banks to book losses on loans earlier than they do now. The deal calls for all loans to start in a first category, when a bank books losses on cash flows it thinks it may not receive over the [...]]]></description>
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		<title>FASB, IASB Reach Tentative Decisions on Aspects of Lease Accounting</title>
		<link>http://www.htbcpa.com/main/news/fasb-iasb-reach-tentative-decisions-on-aspects-of-lease-accounting/</link>
		<comments>http://www.htbcpa.com/main/news/fasb-iasb-reach-tentative-decisions-on-aspects-of-lease-accounting/#comments</comments>
		<pubDate>Mon, 16 Jan 2012 23:01:48 +0000</pubDate>
		<dc:creator>jmontalbano</dc:creator>
				<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://www.htbcpa.com/main/?p=844</guid>
		<description><![CDATA[The Financial Accounting Standards Board and the International Accounting Standards Board announced progress in their ongoing, high-profile convergence project on leases. Although an exposure draft hasn’t been released, the boards met this week and reached tentative decisions regarding cancelable leases, and revenue recognition and disclosure for lessors with leases of investment property. http://www.journalofaccountancy.com/web/20114910.htm]]></description>
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		<title>Banks Are Likely to Forgo &#8220;Amend and Extend&#8221; Approach to Loans</title>
		<link>http://www.htbcpa.com/main/news/banks-are-likely-to-forgo-amend-and-extend-approach-to-loans/</link>
		<comments>http://www.htbcpa.com/main/news/banks-are-likely-to-forgo-amend-and-extend-approach-to-loans/#comments</comments>
		<pubDate>Mon, 16 Jan 2012 22:58:32 +0000</pubDate>
		<dc:creator>jmontalbano</dc:creator>
				<category><![CDATA[Financial Institutions]]></category>
		<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://www.htbcpa.com/main/?p=841</guid>
		<description><![CDATA[Kurtzman Carson Consultants says that in 2012, banks are likely to be more selective about extending credit, ending the &#8220;amend and extend&#8221; approach. &#8220;Amend and extend deals were done based on expectations of economic improvement that have not happened,&#8221; said Benjamin Schrag, vice president of business development at Kurtzman Carson. &#8220;It can&#8217;t go on forever. [...]]]></description>
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		<title>Study: Lease Accounting Plan Could Add $2 Trillion to Balance Sheets</title>
		<link>http://www.htbcpa.com/main/news/study-lease-accounting-plan-could-add-2-trillion-to-balance-sheets/</link>
		<comments>http://www.htbcpa.com/main/news/study-lease-accounting-plan-could-add-2-trillion-to-balance-sheets/#comments</comments>
		<pubDate>Mon, 16 Jan 2012 22:55:43 +0000</pubDate>
		<dc:creator>jmontalbano</dc:creator>
				<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://www.htbcpa.com/main/?p=838</guid>
		<description><![CDATA[The proposed changes to lease accounting standards could add $2 trillionto U.S. companies&#8217; balance sheets, reduce earnings at affected companies by 2.4%, and increase debt by 11%, according to a study by IHS Global Insight for the Equipment Leasing &#38; Finance Foundation. A new exposure draft by the by the Financial Accounting Standards Board and [...]]]></description>
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		<title>GASB Wants Broader Revenue Standard Outlooks from Local Governments</title>
		<link>http://www.htbcpa.com/main/news/gasb-wants-broader-revenue-standard-outlooks-from-local-governments/</link>
		<comments>http://www.htbcpa.com/main/news/gasb-wants-broader-revenue-standard-outlooks-from-local-governments/#comments</comments>
		<pubDate>Mon, 16 Jan 2012 22:53:45 +0000</pubDate>
		<dc:creator>jmontalbano</dc:creator>
				<category><![CDATA[Government]]></category>
		<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://www.htbcpa.com/main/?p=836</guid>
		<description><![CDATA[Governmental Accounting Standards Board officials said states and municipalities should include five-year budget projections in financial statements. The change would give investors a fuller picture of the issues confronting local government, including revenue, expenses, debt, and obligations to retirees. http://www.businessweek.com/news/2011-12-07/u-s-states-cities-face-accounting-push-to-disclose-forecasts.html]]></description>
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		<title>FASB Pursues Private Company Agenda Amid Calls for a New Standard Setter</title>
		<link>http://www.htbcpa.com/main/news/fasb-pursues-private-company-agenda-amid-calls-for-a-new-standard-setter/</link>
		<comments>http://www.htbcpa.com/main/news/fasb-pursues-private-company-agenda-amid-calls-for-a-new-standard-setter/#comments</comments>
		<pubDate>Mon, 16 Jan 2012 22:51:08 +0000</pubDate>
		<dc:creator>jmontalbano</dc:creator>
				<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://www.htbcpa.com/main/?p=833</guid>
		<description><![CDATA[The Financial Accounting Standards Board is taking up work on fair-value disclosure rules for private companies at the same time that many in the profession are calling for a separate independent standard-setter for private companies. FASB&#8217;s parent organization, the Financial Accounting Foundation, has received more than 4,300 letters urging it to reform its proposal for [...]]]></description>
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		<title>Retailers, Banks Oppose Front Loading In Lease Accounting Proposal</title>
		<link>http://www.htbcpa.com/main/news/retailers-banks-oppose-front-loading-in-lease-accounting-proposal/</link>
		<comments>http://www.htbcpa.com/main/news/retailers-banks-oppose-front-loading-in-lease-accounting-proposal/#comments</comments>
		<pubDate>Mon, 16 Jan 2012 22:43:14 +0000</pubDate>
		<dc:creator>jmontalbano</dc:creator>
				<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://www.htbcpa.com/main/?p=830</guid>
		<description><![CDATA[Financial institutions, retailers and airlines are pushing the International Accounting Standards Board and the Financial Accounting Standards Board to change a proposal to use front-loading to record leases on balance sheets. Companies have accepted that centerpiece of the proposed lease accounting standard change, which treats leases as a new kind of asset, is unlikely to [...]]]></description>
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