During the third quarter of 2007, accounting standard setters and regulators issued a number of pronouncements (e.g., FASB Staff Positions, EITF consensuses, SEC proposals, PCAOB rules) affecting accounting, financial reporting, and corporate governance. Accounting Roundup: Third Quarter in Review — 2007 presents brief descriptions of these pronouncements and outlines other third-quarter regulatory and professional developments. This quarterly review consists of articles, adapted as necessary, from issues of Accounting Roundup published in the third quarter of 2007, as well as new articles for the month of September.

Accounting Roundup, published by the National Office Accounting Standards and Communications Group of Deloitte & Touche LLP, summarizes recent accounting and financial reporting developments and provides Internet links to related content. This newsletter is intended for a general audience of financial professionals, including CFOs, controllers, and internal audit and accounting professionals. Please note that for months that end a calendar quarter, we will no longer publish a separate monthly Accounting Roundup. This should ensure a more timely release of the Quarter in Review issues.

Find the complete Third Quarter in Review — 2007 issue of Accounting Roundup in the Adobe Acrobat (.pdf) attachment below. Or visit our Accounting Roundup Archive, where you can access past issues and other special editions, including: Accounting Roundup: Second Quarter in Review — 2007, First Quarter in Review — 2007, Year in Review — 2006, Third Quarter in Review — 2006, Second Quarter in Review — 2006, and First Quarter in Review — 2006.