Thursday, July 17, 2008

FASB's new Convergence Central re International Convergence of Accounting Standards

Check out FASB's new CONVERGENCE
CENTRAL which boasts:
"Up to the minute information about the international convergence of accounting standards." And includes sections on
"Why Convergence?: An Overview"
"What Work Is Underway?"

Quotes from FASB
retrieved July 17, 2008.

Superb opportunity to check out other helpful resources available on the FASB site, including Emerging Issues Task Force Publications, Pronouncements and EITF Abstracts, and FASB webcasts.

We were alerted to Convergence Central via CCH's ACCOUNTING RESEARCH MANAGER (ARM) DAILY NEWS. GGU students and faculty have access to ARM through GGU University Library databases, and can sign up for the daily news. For more information, log in to the database or contact your friendly librarians at the GGU University Library. You are welcome to stop by the reference desk, call 415 442-7244, or e mail
We are here for you!

Saturday, July 5, 2008

Feds proposing to allow use of foreign accounting rules in US

Have you seen the article in today's New York Times:

"Accounting Plan Would Allow Use of Foreign Rules"

Published: July 5, 2008

Here are the first two paragraphs:
"WASHINGTON — Federal officials say they are preparing to propose a series of regulatory changes to enhance American competitiveness overseas, attract foreign investment and give American investors a broader selection of foreign stocks.

The regulatory changes are on the agenda of Christopher Cox, chairman of the Securities and Exchange Commission.
But critics say the changes appear to be a last-ditch push by appointees of President Bush to dilute securities rules passed after the collapse of Enron and other large companies — measures that were meant to forestall accounting gimmicks and corrupt practices that led to those corporate failures"

For more information see the article in the NYTimes
retrieved July 5, 2008

See also resources available on the SEC website, especially

and/or consult your friendly librarian for more info

Tuesday, July 1, 2008

Scholarly vs. Popular Periodicals

This video, from another library, details the difference between Scholarly and Popular periodicals (i.e., journals and magazines) and can help you determine how to spot each type "in the wild." If you need help determining if your source is scholarly or popular, be sure to consult with a librarian!