Accounting Roundup – August 2007
07 Sep 2007
We have posted the August 2007 Edition of Accounting Roundup published by Deloitte & Touche LLP (USA).
Topics covered in this issue include:
FASB Developments
- FASB Proposes FSP on Convertible Debt Instruments
- FASB Invites Comments for an Agenda Proposal on Accounting for Insurance Contracts
- FASB Removes FSP on Quantifying Misstatements From Agenda
- AICPA Issues SSARS
- AICPA Proposes SSARS-Defining Professional Requirements
- AICPA Professional Ethics Executive Committee Issues Proposed Guidance on Network Firms
- AICPA Professional Ethics Division Issues FAQ on the Independence Impact of Providing Interpretation 48 Services to an Attest Client
- SEC Issues Concept Release on Giving US Issuers the Choice to Apply IFRSs
- SEC Updates Compliance and Disclosure Interpretations
- SEC Proposes to Revise Limited Offerings Exemptions in Regulation D
- SEC Issues Final Rule to Define 'Significant Deficiency'
- SEC's Office of the Chief Accountant Updates FAQs on Auditor Independence
- SEC Adopts Revisions to EDGAR Filer Manual
- First Meeting of the SEC Advisory Committee on Improvements to Financial Reporting
- SEC Issues Letter Clarifying Servicers' Ability to Make Loan Modifications
- Proposed Statement on Reporting Gains and Losses From Changes in Assumptions
- IASB and ASBJ Agree on Achieving Convergence by 2011
- IFRIC Clarifies Effects of Interpretation 14