Fitch Ratings has released its annual outlook of issues it expects to continue having an impact on the accounting profession in the coming year.

Fitch’s “Accounting and Financial Reporting: 2007 Global Outlook -- Measuring Up,” says that the coming year will be all about measurement. Fitch says that the trend of increased restatements will continue, particularly in the United States, where increased scrutiny of financial reporting continues, as well as internationally, especially as more businesses and countries work towards the adoption of International Financial Reporting Standards.

Register or login for access to this item and much more

All Accounting Today content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access