Business consulting and internal audit firm Protiviti has updated its Global Financial Crisis Bulletin with answers to the latest questions about the financial meltdown.

The firm, a subsidiary of recruiter Robert Half International, offers explanations of the causes of the meltdown in the financial services industry, how other regions of the world are being affected, recent actions by the U.S. government to stem the crisis, and what additional steps may be taken.

The report also discusses how International Financial Reporting Standards could have an impact on the situation and how they differ from U.S. generally accepted accounting principles in determining the impairment of assets.

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