Financial Services Industry: Accounting and Financial Reporting Update (December 2012)
During 2012, the financial services industry continued its recovery from the financial crisis. However, lingering economic concerns — coupled with extensive regulatory reform and accounting changes now underway — have contributed to the industry’s challenges. Thorough preparations and unwavering focus will remain a necessity as financial services companies respond and adapt to this volatile business climate.
To help guide you through these challenges, Deloitte is pleased to announce the Accounting and Financial Reporting Update (December 2012) for each of the four sectors in the financial services industry:
We hope you find these publications to be useful resources as you begin to prepare your annual reports and plan for the upcoming year.