Accounting Roundup — April 2007 |
The attached issue of Accounting Roundup presents brief descriptions of pronouncements and other regulatory and professional developments in accounting and financial reporting that occurred during April 2007. Topics covered in this issue include the following:
FASB Developments
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Statement on Accounting for Financial Guarantee Insurance Contracts Proposed
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Statement 133 Implementation Issue C21 Proposed
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Amendment of Interpretation 39 Issued
AICPA Developments
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ASB Interpretation on the Confirmation Process
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Audit Risk Alerts Issued
SEC Developments
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Compliance and Disclosure Interpretations Issued
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Section 18 of the Securities Act Amended
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Concerns About Strategies Associated With the Adoption of Statement 159
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Commissioners Endorse Improvements to Sarbanes-Oxley Act
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Next Steps to IFRSs Announced
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Staff Provides Views on Interpretation 48
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Clarifying Guidance Issued on Certain SEC Financial Statement Presentation Issues
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Anti-Money-Laundering Compliance Tool Introduced
PCAOB Developments
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New Auditing Standard Proposed
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Concept Release on Tax Services Issued
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Guidance on Tax Transactions and Tax Services Issued
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Report on Auditors’ Implementation of Internal Control Standard Issued
GASB Developments
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Project Added to Help Governments Report Performance Information
Links to additional information are provided for most topics.
Accounting Roundup, published by Deloitte & Touche LLP, briefly describes recent U.S. regulatory and professional developments in the field of accounting. In each issue, visitors find summaries with hyperlinks to more detailed information. Accounting Roundup acts as a resource guide for accounting, financial, investment, legal, tax, and other business professionals.
Find the complete April 2007 issue of Accounting Roundup in the PDF attachment below. Or visit our Accounting Roundup Archive, where you can access past issues and other special editions.
Accounting Roundup
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