IFRSs – What Should US Companies Do?
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:
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).