2013 AICPA National Conference on Current SEC and PCAOB Developments

The annual AICPA National Conference on Current SEC and PCAOB Developments was held in Washington, DC from December 9 – 11, 2013.  Among the various speakers included representatives from the SEC, FASB, PCAOB, IASB and AICPA.  Although a number of topics involving financial reporting and auditing were covered through the various presentations, principal themes included:

  • Continued importance of transparency and integrity of financial reporting
  • Accounting and disclosure simplification aimed at providing more comprehensive, informative and meaningful disclosure
  • Global accounting and auditing standards initiatives (FASB/IASB convergence projects)
  • Considerations for transitioning to COSO’s updated internal control framework to comply with internal control reporting requirements
  • Role of auditors considerations, including the PCAOB’s releases on independence and possible changes to the auditor’s report
  • Accounting and auditing quality and the influence on capital formation and economic success

Stay tuned for updates to the SEC and PCAOB developments which can be monitored through the FASB’s website or stay tuned for more Schneider Downs Insights as more information becomes available.

© 2013 Schneider Downs. All rights-reserved. All content on this site is property of Schneider Downs unless otherwise noted and should not be used without written permission.

This advice is not intended or written to be used for, and it cannot be used for, the purpose of avoiding any federal tax penalties that may be imposed, or for promoting, marketing or recommending to another person, any tax related matter.

our thoughts on

array(2) { [0]=> string(2) "47" [1]=> string(2) "21" }
Audit BY Adam Goode
Is It Time to Overhaul the Income Statement?
Improve Your Internal Audit Activity - Quality Assessment Reviews
RPAs Have a Role in SOX Cost Reduction and Efficiency
SEC Issues Final Ruling to Modernize and Simplify Regulation S-K
SEC Issues Final Ruling to Modernize and Simplify Regulation S-K
PCAOB Inspections Outlook for Audit Committees

Register to receive our weekly newsletter with our most recent columns and insights.

Have a question? Ask us!

We’d love to hear from you. Drop us a note, and we’ll respond to you as quickly as possible.

Ask us

contact us

Map of Pittsburgh Office
Pittsburgh

One PPG Place, Suite 1700
Pittsburgh, PA 15222

contactsd@schneiderdowns.com
p:412.261.3644     f:412.261.4876

Map of Columbus Office
Columbus

65 East State Street, Suite 2000
Columbus, OH 43215

contactsd@schneiderdowns.com
p:614.621.4060     f:614.621.4062