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Accounting Roundup: May 2012

Published on: Jun 05, 2012

The May 2012 issue of Accounting Roundup features articles on:

  • The formation of a new body, the Private Company Council, to improve the accounting standard-setting process for private companies.
  • The FASB’s and IASB’s deliberations of classification and measurement of financial instruments, impairment of financial assets, revenue recognition, and investment company accounting.
  • The JOBS Act: the SEC’s release of new FAQs and information about the confidential review process.

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