Accounting Roundup: Year in Review, 2007, By Deloitte

This issue of Accounting Roundup Year in Review, by Deloitte & Touche LLP, summarizes activities of the FASB, IASB, PCAOB, SEC and more.

In 2007, standard setters and regulators primarily focused on global convergence of accounting standards, volatility in the credit markets, fair value and eXtensible Business Reporting Language (XBRL). Read the document here.