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FINANCIAL REPORTING NEWSFLASH

Week ending July 27, 2014



ACCOUNTING NEWS

FEI: "Revenue Recognition: Round One"
FEI: "Fast-Track to New FASB Lease Accounting Standard: 9-Step Transition Process"
Compliance Week: "Even With SEC XBRL Guidance, Problems Persist"
BNA Bloomberg: "Bloomberg BNA staff correspondent Denise Lugo discusses FASB's Project on Topic 230: Statement of Cashflows"
Accounting Web: "FASB Unveils 'More Visual' Technical Agenda Web Page"

INTERNATIONAL NEWS

Accounting Today: "IASB Releases Its Own Financial Instruments Standard"
The Wall Street Journal: "Banks Outside U.S. Get New Rules on Accounting for Bad Loans"
Accountancy Live: "100 Group slams proposals for more disclosure"
Accountancy Age: "FRC reveals 'struggle' in IASB discussions"
Economia: "Lords sceptical about IFRS"

AUDIT NEWS

Journal Of Accountancy: "What the PCAOB's new related-party standard means for auditors"
International Accounting Bulletin: "PCAOB "win-win" agreement with China imminent: Doty"
The National Law Review: "Public Company Accounting Oversight Board (PCAOB) Focuses on Cybersecurity at Standing Advisory Group Meeting"
FEI: "Implementing COSO: Evolutionary, Not Revolutionary"
FEI: "SOX Compliance: Where Are We Now?"
Accounting Today: "Study Finds Financial Restatements Declined after Sarbanes-Oxley"

INTEGRATED AUDIT NEWS

The Guardian: "Why collaboration is top of the agenda for the Global Reporting Initiative"
Economia: "Bring on value added reporting"