Issues in-Depth - December 2010, Issue 10-6
This Issues In-Depth provides a comprehensive account of the topics discussed at the annual AICPA National Conference on SEC and PCAOB Developments on December 6-8. Representatives of the SEC, PCAOB, FASB, IASB, and AICPA discussed restoring investor trust, convergence of U.S. GAAP and IFRS, audit quality, and the effect of the Dodd-Frank Wall Street Reform and Consumer Protection Act on the accounting profession. Other areas of focus included accounting and auditing standard-setter priorities and reporting observations identified during reviews of registrants' filings.