Sarbanes Oxley books forum resources
Home    |   News blog    |   Books   |   Discussion   |   Jobs

Wednesday, January 16, 2008

Tides of Change - Retooling of Accounting Standards

The Global Public Policy Symposium IV was recently held in NY, with representation and discussion among the top international auditing firms.

With the ongoing discussion around more principle-based (IFRS) accounting standards versus the more familiar rules-based (GAAP) standards in the US, many are interested - if not regularly dialed into - the discussion of adoption and the implications of domestic adoption of IFRS.

In the published white paper, "Principles-based Accounting Standards", characteristics of an effective framework are proposed. Of interest will be how well a principles-based framework can hold up in the litigious US, where obscure precedent can often trump reasonable and professional judgment.

Labels: , ,

Tell us what you think. (0) comments.
Send to a friend:


 























 


syndicate the
SOX Life blog






August 2004

September 2004

October 2004

November 2004

December 2004

April 2005

May 2005

June 2005

September 2005

October 2005

November 2005

December 2005

February 2006

May 2006

September 2006

October 2006

November 2006

December 2006

February 2007

March 2007

May 2007

January 2008



Sarbanes Oxley books

Sarbanes Oxley news blog

Sarbanes Oxley discussion


 

Home | Sarbanes-Oxley news | SOX Life blog | Sarbanes-Oxley board
Sarbanes-Oxley books

About | Contact | Privacy