SEC permits voluntary use of Inline XBRL
The SEC issued an order that will allow companies to voluntarily file structured financial statement data in a format known as Inline XBRL.
SEC regulatory compliance and reporting
Revenue judgments must be well-reasoned, SEC’s Bricker says
Financial statement preparers should make sure their judgments on revenue recognition are well-reasoned as they implement new accounting standards, SEC Deputy Chief Accountant Wesley Bricker said Thursday.
SEC seeking input on disclosure effectiveness
The Securities and Exchange Commission voted to issue a concept release asking for comment on possible improvements to Regulation S-K.
SEC adopts crowdfunding rules
Funding limits and disclosure requirements will apply.
Revenue recognition: SEC looking ahead for comparability
Securities and Exchange Commission officials say they are focused on comparability and consistency in future financial reporting under the new revenue recognition standard as companies undergo transition.
Tips for successful revenue recognition implementation
The effective date of the revenue recognition standard is fast approaching. Here are some of the SEC chief accountant’s tips for implementing the new standard.
SEC filed more than 800 enforcement actions in fiscal 2015
The SEC filed 807 enforcement actions and obtained orders totaling about $4.2 billion in disgorgement and penalties in fiscal 2015.
SEC approves CEO pay-ratio rule
The SEC approved a new rule requiring U.S. public companies to disclose the ratio between their CEO's compensation and that of their median employee.
SEC proposes clawback rules
Executive officers would be required to pay back incentive compensation awarded in error.
SEC considers updating audit committee disclosures
The commission is seeking public comment on information provided to investors.
EDGAR company filings database updated
The 2013 GAAP taxonomy is no longer supported.
SEC approves CEO pay ratio rule
The SEC approved a new rule requiring U.S. public companies to disclose the ratio between their CEO’s compensation and that of their median employee.
SEC proposes new reporting requirements for investment companies, advisers
Commission seeks better information for investors.
CPAs encouraged to comment on new set of proposed XBRL rules
The AICPA is encouraging members to comment on a new set of rules proposed for the use of extensible business reporting language (XBRL) in tagging financial reports submitted to the Securities and Exchange Commission.
SEC proposal would require payback of incentive compensation awarded erroneously
New rules proposed by the SEC would require executives to repay incentive-based compensation that a subsequent accounting restatement shows was not earned.
SEC proposes linking executive compensation with performance
Disclosures would include a total shareholder return metric.
Recommendations could help SEC improve EDGAR database
The Securities and Exchange Commission can make changes to improve its EDGAR company filings database without the need for formal rulemaking.
SEC proposes new reporting requirements for investment companies and advisers
Rules proposed by the SEC are designed to improve the reporting and disclosure of information by investment companies and investment advisers.
SEC proposes requiring companies to disclose hedging policies for personnel
The proposal is designed to inform investors whether company personnel can receive incentive compensation through hedging even if the company performs poorly and the stock value drops.
Would companies use voluntary, additive IFRS option?
SEC Chief Accountant James Schnurr’s idea for possibly allowing voluntary, supplemental IFRS information in U.S. GAAP financial statements has accountants wondering: Would companies actually bear the costs to take the option?
