Accounting StandardsKey Accounting and Auditing guidanceAs the convergence of accounting and auditing standards around the world continues, having access to key accounting and auditing guidance is critical for your business and for implementing your audit effectively and efficiently. Access to Ernst & Young Online provides you a rich library of accounting and auditing guidance providing valuable insights for audit committees, chief financial officers, controllers, financial reporting groups, and internal audit directors. Ernst & Young Online augments the in-person interactions of your Ernst & Young engagement team by sharing key knowledge and interpretive guidance produced by our firm's accounting policy professionals. In addition, IFRS centers of excellence called "IFRS desks" are established in each significant country and region, with a team in London coordinating all global IFRS work. We strive for consistent interpretation through constant communication and consultation between the various desks, our engagement teams and you. | Managing in turbulent times What’s next for the markets? No one knows for sure, of course, but there are positive ways to explore risks and opportunities even in today’s uncertain economic world. To help you and your business steer a steadier course, our global network of professionals offers ways to think about risk, private equity and financial operations. Observations on XBRL: Notes from early adopters This Hot Topic summarizes recent developments regarding the SEC’s interactive data mandate, and it provides observations from our review of recent interactive data filings by early adopting registrants and insights from our experience working with clients on their XBRL implementation. See also: SEC completes study on mark-to-market accounting Our Hot Topic provides an overview of the key issues addressed in the SEC's report on “mark-to-market” accounting (pdf, 258.1kb) as required by the Emergency Economic Stabilization Act of 2008. The Report recommends that the use of fair value accounting standards not be suspended; however, it also recommends improvements. More on the SEC's IFRS Roadmap This issue of Technical Line (pdf, 280K) expands our discussion of the SEC's proposed Roadmap toward the adoption of IFRS. We strongly encourage all constituents to give careful consideration to each aspect of the proposed Roadmap. Read the entire proposed "Roadmap" (pdf, 404K). |
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 IFRS Learn how Ernst & Young can help with IFRS adoption. Audit CommitteesStay abreast of audit committees issues as they evolve. AccountingLink
GAAITAvailable to clients, GAAIT is your online reference for accounting and auditing standards and Ernst & Young interpretive guidance. XBRL Find out how Extensible Business Reporting Language (XBRL), can improve the financial reporting process.
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