Audit and Accounting Guides.

• Position: Now available

The new crop of industry-specific Audit and Accounting Guides, publishing with updates as of May 1, 2007, reflects what is new in the standards. Highlights include: guidance on performing audits under the new Risk Assessment Statements on Auditing Standards (SAS Nos. 104-111); how SAS 112 has redefined internal control deficiencies--and what you as an auditor need to report; updates on FASB Statements Nos. 157 and 159 on Fair Value; and what FASB Interpretation No. 48, Accounting for Uncertainty in Income Taxes, means to your industry. New Audit and Accounting Guides now available are:

* Construction Contractors...