Tag Archives: Globalization

COSO Framework ED Out

State Board Report February 2012 Comments on the “Internal Control-Integrated Framework” developed by COSO (the Committee of Sponsoring Organizations of the Treadway Commission) are due by March 31, 2012 (see COSO website). The new Framework builds on the original version, which was released in 1992. One of the enhancements of the new Framework is the…

2008 Annual Meeting, Damon A. Silvers, Looking Out for Investors in a Global Marketplace

October 27, 2008 LOOKING OUT FOR INVESTORS IN A GLOBAL MARKETPLACE Damon A. Silvers, Esq.AFL-CIO Associate General Counsel NASBA Annual Meeting – October 27, 2008 I. Broad approach to globalization in accounting and auditing — need a strategy for achieving a robust global regime II. Accounting A. Optionality in regimes is a mistake B. Convergence…

Time to Get IFRS on Exam

State Board Report January 2008 The “train has left the station on IFRS” [International Financial Reporting Standards as published by the International Auditing and Assurance Standards Board], Walton Conn, KPMG national office partner, told the conference jointly sponsored by Baruch College and the NASBA Center for the Public Trust on December 6 in New York City.…