SEC updates Current Accounting and Disclosure Issues
Jan 11, 2007
The Division of Corporation Finance of the US Securities and Exchange Commission has updated its publication on Current Accounting and Disclosure Issues.
The first section of the document is a review of recent and proposed rules and interpretations from the Commission. The second section is staff guidance and comments on current accounting and disclosure matters based on the Division's reviews of the filings of the 15,000 SEC registrants. Recent and proposed rules since December 2005 include:
- Final Rules Regarding Executive Compensation
- Employee Stock Options – Accounting and Valuation Issues
- Quantifying Misstatements
- Final Rules Regarding Use of Form S-8, Form 8-K, and Form 20-F by Public Shell Companies
- Rules and Concept Release Regarding the Use of Tagged Data and Incentives to Voluntarily Submit XBRL Information
- Accelerated Filer Definitions and Deadlines for Filing Periodic Reports
- Management's Report on Internal Control over Financial Reporting and Certification of Disclosure in Exchange Act Periodic Reports
- Final Rule Regarding Tender Offer Best-Price Rule
- Rule Proposal Related to Foreign Private Issuer Deregistration
- Final Rule regarding IFRS First-time Adopters
- Rule Proposals Regarding Internet Availability of Proxy Materials
- Electronic Access to Comment and Response Letters and Notifications of Effectiveness
- Recent Enforcement Actions Involving GAAP
- Recent Enforcement Actions Involving MD&A
