The Governmental Accounting Standards Board reminded its stakeholders Friday that the deadline is coming up on March 6 for comments on its proposed changes in standards for fiduciary responsibilities and lease accounting.

The Financial Accounting Standards Board has issued an accounting standards update to improve specific areas of consolidation guidance for legal entities such as limited partnerships, limited liability corporations and securitization structures.

The Private Company Council, a sister organization of the Financial Accounting Standards Board that represents the interests of privately held companies, has expressed major concerns about FASB’s project on the balance sheet classification of debt.

The American Institute of CPAs’ Conflict Minerals Task Force has developed two new Q&A documents on conflict mineral disclosures mandated under the Dodd-Frank Act.

The Financial Accounting Standards Board and the International Accounting Standards Board have been holding a series of meetings of their Joint Transition Resource Group as they prepare for implementation of their converged standard on revenue recognition.

The International Accounting Standards Board has published a set of proposals for clarifying how entities classify debt, especially when it comes up for renewal.

Financial Executives International has sent a letter to the Financial Accounting Standards Board taking issue with FASB’s recent proposed changes in the accounting standards for income taxes.