Karen Glover from Ernst & Young has sent a link to the January 2008 issue of BoardMatters Quarterly. This issue of
BoardMatters Quarterly features
articles on financial reporting that may be of interest to you. Articles include:
- An Audit Committee Member’s
Perspective on Financial Reporting and Year-End
- XBRL: Financial Reporting for the
Future?
- The Continued Emergence of Fair
Value: Are You Prepared?
- Forward View: Advice on IFRS from
European Audit Committee Chairs
She has also sent links to two new publications designed to raise
awareness around the U.S. Securities and Exchange Commission’s (SEC) recent
actions and roundtables around International Financial Reporting Standards
(IFRS), U.S. GAAP v. IFRS: The Basics and Hot Topic: IFRS in the U.S.
U.S. GAAP v.
IFRS: The Basics is a high-level comparison guide to
raise awareness about IFRS for our clients and friends. Hot Topic: IFRS in the U.S. highlights
discussions held at recent SEC roundtables about the effect a single set of high
quality global accounting standards would have in the U.S. We hope you find
these publications to be of interest and helpful to prepare for the time when
U.S. companies potentially will be given the option (or will be required) to
convert their financial reporting from U.S. GAAP to IFRS.
In
addition to these publications, there are a number of IFRS materials available
at http://www.ey.com/ifrs
Best regards,
karen.glover@ey.com