J.H. Cohn Accounting Report

NEW THIS MONTH: Setting the GAAP Hierarchy With the issuance of SFAS No. 162, the FASB is replacing the American Institute of CPAs as the 'arbiter' of the GAAP hierarchy. On this month's J.H. Cohn Accounting Report, Kenneth Goldmann explains the significance of identifying a consistent framework for selecting accounting principles to be used in preparing financial statements in conformity with generally accepted accounting principles. Requires Windows Media Player. Please be sure the volume on your computer is turned up. The segment should start to play automatically once loaded; if it does not, you may need to click the "play" icon on the media player. ARCHIVE: July 2008 Setting the GAAP Hierarchy June 2008 Financial Reporting Round-Up May 2008 Accounting for Business Combinations April 2008 Accounting Changes and Error Corrections March 2008 Fair Value Accounting February 2008 Regulatory Relief January 2008 Trends in Recent Accounting Guidance December 2007 Putting Pensions on the Balance Sheet November 2007 Management's Assessment of Internal Controls October 2007 One True Accounting Language? September 2007 Business Combinations and Negative Goodwill August 2007 Internal Control over Financial Reporting July 2007 Financial Instruments and Company Stock: Rules and Unresolved Issues June 2007 Auditors and Fraud Inquiries May 2007 FASB's Proposed FSP: How to Determine if a Tax Position is "Effectively Settled" April 2007 FASB's Fair Value 'Option' March 2007 FASB's Interpretation 48 February 2007 The SEC and Executive Compensation January 2007 Impact of New Accounting Guidance on Financial Statements

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