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Audit Committee Brief: May 2010

Tidal Wave of Accounting and Financial Reporting Change


This edition of the Audit Committee Brief outlines some of the significant U.S. GAAP projects under way, the groups or departments they may affect, and other operational matters that should be considered by audit committees and management.

FASB projects:

  • Financial statement presentation
  • Accounting for financial instruments
  • Financial instruments with characteristics of equity
  • Consolidations
  • Leases
  • Revenue recognition

Download the newsletter below for more information.

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