You should clarify... by "round off" do you mean 'round off' as in to create a rounded/radiused surface, or do you mean to 'narrow' as in... 'when creating a trapezoid cross section in a limb, is it better to narrow the belly or the back?'
I radius the bellies of ALL my wooden bows and most of their backs are naturally radiused. I vary the degree of radius on the belly depending on the wood's properties... but even something like a cherry bow has a full radius without a single flat spot to be found anywhere.
Aestetics aside, there are several construction, tillering, and durability benefits to be realized in radiused bellies on wooden bows.
When it comes to a trapezoidal cross section, I narrow the back on wooden bows, since as was mentioned, virtually all woods are stronger in tension resistance than they are in compression resistance.
On glass bows, I've done it both ways and haven't noticed a difference... though common sense tries to tell me it should be the opposite... that is, narrow the belly... since any glass I've seen fail has failed on the bow's back, I'm inclined to deduce that the glass is stronger in compression resistance/fatigue than tension... but I wouldn't swear to it.