Accounting Roundup – April 2007

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05 May 2007

We have posted the April 2007 Edition of Accounting Roundup published by Deloitte & Touche LLP (USA).

Topics covered in this issue include:

FASB Developments

  • Statement on Accounting for Financial Guarantee Insurance Contracts Proposed
  • Statement 133 Implementation Issue C21 Proposed
  • Amendment of Interpretation 39 Issued

AICPA Developments

  • ASB Interpretation on the Confirmation Process
  • Audit Risk Alerts Issued

SEC Developments

  • Compliance and Disclosure Interpretations Issued
  • Section 18 of the Securities Act Amended
  • Concerns About Strategies Associated With the Adoption of Statement 159
  • Commissioners Endorse Improvements to Sarbanes-Oxley Act
  • Next Steps to IFRSs Announced
  • Staff Provides Views on Interpretation 48
  • Clarifying Guidance Issued on Certain SEC Financial Statement Presentation Issues
  • Anti-Money-Laundering Compliance Tool Introduced

PCAOB Developments

  • New Auditing Standard Proposed
  • Concept Release on Tax Services Issued
  • Guidance on Tax Transactions and Tax Services Issued
  • Report on Auditors' Implementation of Internal Control Standard Issued

GASB Developments

  • Project Added to Help Governments Report Performance Information
You will find past issues of Accounting Roundup Here.

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