-----Original Message-----
From: 	nichole.m.szafranski@us.andersen.com@ENRON  
Sent:	Thursday, October 25, 2001 2:26 PM
To:	Knowledge_Solutions@arthurandersen.com
Subject:	Weekly Summary Oct. 19-25, 2001


DEAR ACCOUNTING RESEARCH MANAGER (TM) SUBSCRIBER:

The October 19 - 25, 2001 edition of the Accounting Research Manager Weekly
Summary is now available. You can access the headlines, summary paragraphs
and links of the Weekly Summary below. You can access the fully-formatted
version of the Weekly Summary at the following address:
http://www.arm.arthurandersen.com/rschmgr.nsf/?Open&M=vwUID/EB2DAC14


THIS WEEK'S HEADLINES:

GOODWILL/INTANGIBLE ASSETS - FASB ISSUES PROPOSED IMPLEMENTATION GUIDANCE
The FASB staff has issued proposed implementation guidance on FASB
Statement No. 142, Goodwill and Other Intangible Assets . Paragraph 30  of
Statement 142 includes guidance for determining reporting units for
purposes of testing goodwill for impairment. The FASB staff's proposed
announcement provides additional guidance on the characteristics that must
be present for a component of an operating segment to be a reporting unit,
including a clarification of the phrase "discrete financial information" as
it's used in paragraph 30 of Statement 142.
http://www.arm.arthurandersen.com/rschmgr.nsf/?Open&M=vwUID/C8D759A8

INTERNATIONAL FINANCIAL REPORITNG - FIRM UPDATES GAAP COMPARISION
PUBLICATION; IASB DISCUSSES BUSINESS COMBINATIONS, OTHER PROJECTS AT 16-20
OCTOBER 2001
The Firm and the International Accounting Standards Board (IASB) have
updated/issued the following materials addressing international financial
reporting matters:

Firm Updates "International GAAP Analysis" Publication : We have updated
International GAAP Analysis  - an Andersen publication which compares the
accounting of 17 countries (and IAS) across 47 financial reporting topics -
to reflect changes in the accounting standards of the countries included.
http://www.arm.arthurandersen.com/rschmgr.nsf/?Open&M=vwUID/60E48101

IASB Discusses Business Combinations, Other Projects at Its 16-20 October
2001 Meeting: As reported in its "IASB Update " publication, the IASB met
on 16-20 October 2001 and discussed the following matters:
http://www.arm.arthurandersen.com/rschmgr.nsf/?Open&M=vwUID/A72BA5D4

        Business Combinations
        Improvements to Existing IASB Standards
        Reporting Performance
        Share-based Payment

FEEDBACK...

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welcome your input regarding the Weekly Summary. To that end, please direct
any feedback to us at 312.507.0092 or via e-mail at
financialreporting@andersen.com.

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