IFRSs – What Should US Companies Do?

  • International Auditing (lt green) Image

11 May 2008

The latest edition of the Audit Committee Brief from Deloitte & Touche LLP (USA) includes an overview of what companies should do with respect to International Financial Reporting Standards.

This graphic from the newsletter illustrates some potential impacts to think about:

 

0805auditcommitteebrief.jpg

This issue of Audit Committee Brief also includes:

  • A summary of the Public Company Accounting Oversight Board's (PCAOB's) Proposed Auditing Standard No. 7, Engagement Quality Review
  • A summary of the Securities and Exchange Commission (SEC) Advisory Committee's progress report
  • Highlights from the Center for Audit Quality's Audit Committee Survey Results
  • An outline of what an eXtensible Business Reporting Language (XBRL) mandate means to you
  • An overview of pension plan assets

Click to view Audit Committee Brief (PDF 706k).

 

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