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PCAOB Adopts AS6 on Consistency of Financial Statements, Agrees To Move GAAP Hierarchy

At its board meeting today, the PCAOB voted to adopt AS6, "Evaluating Consistency of Financial Statements" in light of FAS 154 on Accounting Changes and Error Corrections. PCAOB also agreed to amend its standards to move the GAAP Hierarchy from audit to accounting standards. ... more » (FEI members only)

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