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NOVEMBER 20, 2007
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Features
Twelve lessons in positive change management The Change Management Group has benchmarked the best management processes in a number of organizations and has summarized twelve lessons in positive change management that have emerged from their research. 
FAS 157: Auditors are ready to assign fair value to financial assets When credit markets all but dried up as a result of the sub- prime mortgage crisis in the late summer, auditors of investment and commercial banks that elected to adopt Financial Accounting Standard 157, Fair Value Measurements, earlier than the effective date of November 15th were called upon to play a key role in determining the market value of mortgage-backed assets when few were being traded. 
SEC relieves foreign companies of U.S. GAAP filing requirements The Securities and Exchange Commission has unanimously approved rule amendments under which financial statements from foreign private issuers in the U.S. will be accepted without reconciliation to U.S. Generally Accepted Accounting Principles only if they are prepared using International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board. 
Latest NewsBlogs!It's time to share your opinions!Join the forum - express your views. This week, we're talking about ethical issues, politics, and getting ready for fourth quarter reporting. Read what others have to say, and post your opinions. No strings attached! SubscriptionsUpdate your subscriptions by visiting your profile page and selecting the "My Newswires" link. |
Firm/State NewsMerger mania - several accounting firms announce merger plansIs there something in the water? Many accounting firms are joining forces as the year comes to a close. Here is a look at the latest entries on the merger roster. Tech NewsMicrosoft woos accountantsFollowing the launch last week of Microsoft Office Accounting 2008, the company has set its sights on the accounting profession, offering a professional membership, free training, and certification. Editor's Note
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