International


INTERNATIONAL

A European private-sector financial reporting advisory group will offer technical guidance on use of the IASB’s international accounting standards ( www.fee.be/secretariat/pressreleases.htm ).

The IASB publishes draft interpretations to clarify the international accounting standards approach to business combinations, disclosure, reporting currency, revenue and intangible assets. Comments are due by September 10 ( www.iasb.org.uk/cmt/0001.asp ).

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This report summarizes recent proposals to reform the U.S. business income tax system and considers the path to enactment of any such legislation.

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How to Excel pivot a general ledger

The general ledger is a vast historical data archive of your company's financial activities, including revenue, expenses, adjustments, and account balances. J. Carlton Collins, CPA, shows how to prepare data for, and mine data with, PivotTables.

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