Audit & Accounting

We asked candidates for our Top 100 Most InfluentialPeople in Accounting the following question:

The Financial Accounting Standards Board intends to host two public roundtable meetings to solicit input on private company accounting and reporting issues.

IMGCAP(1)]Check out the digital edition of the Sept. 13 issue of Accounting Today.

London - The Prince's Accounting for Sustainability Project has teamed with the Global Reporting Initiative to form the International Integrated Reporting Committee, with the goal of creating a globally accepted framework for sustainability accounting to bring together financial, environmental, social and governance information in a clear, concise, consistent and comparable format. The committee will try to develop more comprehensive and comprehensible information about an organization's total performance, on a prospective and a retrospective basis.

FASB, IASB RELEASE NEW LEASING STANDARD PROPOSALS

Washington, D.C. - The Securities and Exchange Commission is asking the public for feedback on its plans for incorporating International Financial Reporting Standards into the financial reporting system for U.S. issuers.

Washington, D.C. - A group of Democratic senators has written to the chair of the Securities and Exchange Commission urging the SEC to require more complete and accurate corporate accounting disclosures, especially of off-balance-sheet transactions.

It's the beginning of the school year and we're seeking relief from a deadline by reprising a column that appeared in November 2008. Back then, we provided this conceptual primer to show that market value reporting could not be legitimately blamed for the credit crisis, and that it actually offers major advantages over the existing reporting model that enabled the credit crisis to go undetected for so long and to be so serious when ultimately revealed.

From a compliance perspective, the new U.S. health care law raises a number of issues for corporate America.

We asked candidates for our Top 100 Most InfluentialPeople in Accounting the following question: