Auditing
Summer 2010 Update for
Auditing Assurance Services: An Integrated Approach 13th Edition and Alvin A. Arens Randal J. Elder Mark S. Beasley We are committed to providing students and faculty up‐to‐date content for use in the classroom and are pleased to provide this newsletter highlighting recent events affecting the audit and assurance profession.
Pearson Prentice Hall
SUMMER 2010 UPDATE
AUDITING AND ASSURANCE SERVICES: AN INTEGRATED APPROACH, 13TH EDITION
Summer 2010 Update
Auditing and Assurance Services: An Integrated Approach,
13th Edition
Provided for use with
Alvin A. Arens, Randal J. Elder, Mark A. Beasley Pearson Prentice Hall, Inc. INTRODUCTION Welcome to the Summer 2010 Arens/Elder/Beasley Auditing Newsletter highlighting recent events affecting the auditing profession. We hope this newsletter will prove to be a valuable resource for you. The following are included in this newsletter: 1. Current status of adoption of International Financial Reporting Standards (IFRS) and convergence to International Standards on Auditing. 2. Update on recent standard‐setting activity, including recent Auditing Standards Board, PCAOB, and Accounting and Review Services Committee pronouncements. 3. Changes to the Uniform CPA Examination. 4. Implications of XBRL.
INTERNATIONAL ACCOUNTING AND AUDITING STANDARDS
International Financial Reporting Standards In February 2008, the SEC offered a Proposed Roadmap that included milestones that would allow the SEC to be in position to decide in 2011 whether to require the use of IFRS beginning in 2014. The SEC received over 200 comment letters on the Proposed Roadmap. In February 2010, the Securities and Exchange Commission (SEC) issued Release No. 33‐9109, “Commission Statement in Support of Convergence and Global Accounting Standards” (Read
Auditing Assurance Services: An Integrated Approach 13th Edition and Alvin A. Arens Randal J. Elder Mark S. Beasley We are committed to providing students and faculty up‐to‐date content for use in the classroom and are pleased to provide this newsletter highlighting recent events affecting the audit and assurance profession.
Pearson Prentice Hall
SUMMER 2010 UPDATE
AUDITING AND ASSURANCE SERVICES: AN INTEGRATED APPROACH, 13TH EDITION
Summer 2010 Update
Auditing and Assurance Services: An Integrated Approach,
13th Edition
Provided for use with
Alvin A. Arens, Randal J. Elder, Mark A. Beasley Pearson Prentice Hall, Inc. INTRODUCTION Welcome to the Summer 2010 Arens/Elder/Beasley Auditing Newsletter highlighting recent events affecting the auditing profession. We hope this newsletter will prove to be a valuable resource for you. The following are included in this newsletter: 1. Current status of adoption of International Financial Reporting Standards (IFRS) and convergence to International Standards on Auditing. 2. Update on recent standard‐setting activity, including recent Auditing Standards Board, PCAOB, and Accounting and Review Services Committee pronouncements. 3. Changes to the Uniform CPA Examination. 4. Implications of XBRL.
INTERNATIONAL ACCOUNTING AND AUDITING STANDARDS
International Financial Reporting Standards In February 2008, the SEC offered a Proposed Roadmap that included milestones that would allow the SEC to be in position to decide in 2011 whether to require the use of IFRS beginning in 2014. The SEC received over 200 comment letters on the Proposed Roadmap. In February 2010, the Securities and Exchange Commission (SEC) issued Release No. 33‐9109, “Commission Statement in Support of Convergence and Global Accounting Standards” (Read