CUNA Regulatory Comment Call


May 2, 2002

Draft Chapters for AICPA Combined Audit and Accounting Guide:
Credit Union Industry Overview and Equity/Disclosures Regarding Capital Matters

EXECUTIVE SUMMARY

SUMMARY OF THE 2 DRAFT CHAPTERS

Chapter 2 Industry Overview – Credit Unions Chapter 17 Equity and Disclosures Regarding Capital Matters

QUESTIONS ABOUT THE DRAFT CHAPTERS

  1. Are there any modifications you believe should be made to the chapter on the credit union industry?

    Yes ______ No ______

    If yes, what modifications?



















  2. Are there any topics you believe should be added to the overview of the credit union industry?

    Yes ______ No ______

    If yes, what additional topics would you like to see incorporated into that chapter?













  3. Are there any changes you believe should be made to the section in Chapter 17 concerning members’ equity or disclosures?

    Yes ______ No ______

    If yes, what changes should be made?













  4. Do you agree with the discussion on PCA in Chapter 17?

    Yes ______ No ______

    If not, how should the PCA discussion be modified?













  5. Do you believe any changes should be made to the auditing discussion in Chapter 17?

    Yes ______ No ______

    If yes, how should the auditing discussion be modified?













  6. Other comments on these or any of the other draft chapters (regarding substance or user-friendliness of the chapters)?













Eric Richard • General Counsel • (202) 508-6742 • erichard@cuna.com
Mary Mitchell Dunn • SVP & Associate General Counsel • (202) 508-6736 • mdunn@cuna.com
Jeffrey Bloch • Assistant General Counsel • (202) 508-6732 • jbloch@cuna.com
Catherine Orr • Senior Regulatory Counsel • (202) 508-6743 • corr@cuna.com