Accounting Roundup: May 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.