COMMENTARY on Current Developments.
评论了截至1988年3月美国会计领域的发展，包括现金流量表的分类框架、非现金交易披露、Treadway委员会对审计委员会角色的澄清，以及FASB第92号准则对受监管企业阶段化计划的会计处理。
Abstract This article comments on developments in accounting in the United States as of March 1988. The statement of cash flows will classify cash receipts and disbursements as operating, investing, and financing activities, and Statement 95 includes some fairly specific guidance for classifying individual cash flows within this three-category framework. In addition, the effects of investing and financing transactions not directly affecting cash--such as original lease transactions accounted for as capital leases, and debt for equity swaps--will be separately disclosed outside the statement of cash flows, usually in a footnote. The Treadway Commission also added some clarifying language to the final report. For example, the Commission indicates that the recommendations for audit committees are not intended to encroach on management's responsibility, which some believed could be inferred from the draft report. Rather, the audit committee should function in a manner compatible with the Board of Directors' traditional oversight role. FASB Statement 92, Regulated Enterprises--Accounting for Phase-in Plans, provides guidance for regulated enterprises that are recovering the allowable costs of construction of a new plant under a phase-in plan adopted by a regulator. These plans generally result in a more gradual increase in rates than conventional rate-making methods, while still providing the utility a full recovery of its allowable costs and a return on investment.