Product Image

SEC and PCAOB Developments 2007/08 – Risk Alert

Publisher: AICPA
Availability: In Stock
See Below To Add To Cart

Description

This Audit Risk Alert provides preparers and auditors with a detailed overview of recent developments at the Securities and Exchange Commission (SEC) and Public Company Accounting Oversight Board (PCAOB) with respect to financial reporting and auditing matters.

This alert includes the latest information to comply with internal control reporting requirements mandated under Section 404 of the Sarbanes Oxley Act of 2002 including PCAOB Auditing Standard No. 5 and the SEC’s guidance regarding management’s report on internal control over financial reporting.

This alert discusses the SEC proposal to accept from foreign private issuers’ financial statements prepared in accordance with International Financial Reporting Standards (IFRS) without reconciliation to U.S. generally accepted accounting principles (GAAP).

You will also find discussions related to the XBRL initiative and a section dedicated to brining you SEC and PCAOB small business initiatives.

The auditing guidance in this document has been reviewed by the AICPA Audit and Attest Standards staff and published by the AICPA and is presumed to be appropriate. This document has not been approved, disapproved, or otherwise acted on by a senior technical committee of the AICPA.

Table of Contents

  • SEC and PCAOB Alert — 2007/08
  • Securities and Exchange Commission Developments
    • SEC Final Rules
    • SEC Interpretive Releases
    • SEC No-Action and Exemptive Orders
    • SEC Proposed Rules
    • SEC Concept Releases
    • SEC Staff Accounting Bulletins
    • SEC Office of the Chief Accountant: Staff Letters to Industry
    • Recent Guidance Provided by the SEC's Division of Corporation Finance
    • Recent Guidance Provided by the SEC's Division of Investment Management
    • SEC Independence Initiatives
    • SEC Small Business Initiatives
    • Other SEC Initiatives
  • PCAOB Developments
    • PCAOB Approved Rules and Standards
    • PCAOB Proposed Rules and Standards
    • PCAOB Standing Advisory Group
    • PCAOB Inspections
    • PCAOB Accounting and Support Fee and Funding Process
    • PCAOB Independence Initiatives
    • PCAOB Small Business Initiatives
    • Other PCAOB Initiatives
    • Other Related Developments and Resources
    • Committee for Sponsoring Organizations of the Treadway Commission Developments
  • Resource Central
    • Publications
    • AICPA reSOURCE: Accounting and Auditing Literature
    • Continuing Professional Education
    • Webcasts
    • Member Service Center
    • Hotlines
    • Annual Conference
    • SEC Research
    • Center for Audit Quality
    • SEC Regulations Committee

022498

Excerpts

SEC and PCAOB Alert — 2007/08

Notice to Readers

This publication provides preparers and auditors with a detailed overview of recent developments at the Securities and Exchange Commission and Public Company Accounting Oversight Board with respect to financial reporting and auditing matters. The material in this publication was prepared by AICPA staff and has not been considered or acted upon by senior technical committees of the AICPA or the AICPA Board of Directors and does not represent an official opinion or position of the AICPA. It is provided with the understanding that the author and publisher are not engaged in rendering legal, accounting, or other professional service. If legal advice or other expert assistance is required, the services of a competent professional should be sought. The author and publisher make no representations, warranties, or guarantees as to the content or application of the material contained herein. The author and publisher assume no responsibility for the content and expressly disclaim all liability for any damages arising out of the use of, reference to, or reliance on suchmaterial.

Kristy L. Illuzzi, CPA
Technical Manager
Accounting and Auditing Publications

022498

Subscription Info

SEC and PCAOB Developments 2007/08 – Risk Alert
Paperback 2007
Product# 022498
Availability:In Stock
*Discounted price reflected in Shopping Cart
Regular:$48.75
AICPA Member:$39.00
Your Price:$48.75
To receive your AICPA member discount, Sign In now, or Register using your AICPA membership number.
Choose the Standing Order Option and get these discounts on your initial purchase:

Publications--10% discount
CPE Self-Study--20% discount

Each new future annual edition will then be automatically shipped to you at a 10% discount.