Insight and services for the retail and wholesale sector | SEC comments and trends: retail & wholesale industry This publication summarizes recurring comments from recent SEC staff reviews of retail and wholesale companies (pdf, 230K), accompanied by a contextual discussion of these matters. Topics include vendor/supplier allowances, revenue recognition, inventory valuation and cash flows. Although each registrant’s facts and circumstances are different, we believe a familiarity with such issues should prove useful for companies when preparing and filing reports with the SEC. 2007 retail accounting policies and practices survey In our retail survey, we asked over 100 questions on the most commonly applied accounting practices (pdf, 1.2M) across the United States. Get an in-depth look at the emerging trends from some of the largest and most seasoned retailers. The survey also provides a benchmark for industry-specific accounting methods as we monitor the movement towards one set of financial reporting standards under International Financial Reporting Standards (IFRS). |
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Contacts To learn more about our retail & wholesale services, please contact Dan Valerio, Americas Retail & Wholesale Sector Leader. View all contacts.  Industry 360º, Volume IV in print and onlineThe impact of the ongoing financial crisis is a top focus for our clients — in every industry sector. Ernst & Young is hard at work to help answer questions. In these tough economic times, however, we cannot lose sight of another priority long term concern — climate change. Read our points of view on these hot topics and more in print (4.6mb) and online at www.ey.com/industry360. Industry 360º: IFRS Industry 360°: IFRS (pdf, 5.14mb) is our source for global industry insights relating to IFRS. It provides more than 100 print reports, podcasts and webcasts that offer points of view and explore the industry-specific and cross-industry questions your company may be asking.
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