Accounting Roundup: First Quarter in Review — 2011
We’re pleased to announce the latest edition of Accounting Roundup. In the first quarter of 2011, the FASB and IASB continued to work feverishly on their joint projects, including financial instruments, leases, revenue recognition, and insurance contracts. Although no new accounting standards have yet been issued during 2011, the FAF created some headlines by forming a trustee working group to address private-company financial reporting and to continue the efforts of the Blue-Ribbon Panel.
As a result of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Dodd-Frank Act”), the SEC continues to propose a number of new rules and regulations, has adopted a few final rules, and has completed certain studies in response to the Dodd-Frank Act’s requirements. More regulatory action is expected, so stay tuned.
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 First Quarter in Review — 2011 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.
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Accounting Roundup: First Quarter in Review — 2011(759.83 KB)
Article, 34-page PDF