Accounting Roundup: August 2011
Published on:
31 Aug 2011
![Accounting Roundup: August 2011 Image]()
This issue features articles on:
- Convergence efforts between the FASB and IASB and the boards' decisions on investment companies.
- The FASB’s work on the investment property entity project, the disclosure framework project, the financial instruments project, and the amendments to goodwill impairment guidance.
- The IASB’s proposed deferral of IFRS 9, Financial Instruments.
- Impacts on investments in Greek and other Eurozone sovereign debt.
- Financial reporting considerations related to S&P's credit rating downgrade for long-term U.S. sovereign debt.
- A one-year update on Dodd-Frank Act rulemaking efforts.
- The PCAOB’s requests for feedback on auditor independence and the potential for mandatory audit firm rotation.
