SEC regulatory compliance & reporting

FASB’s new credit loss standard will affect U.S. banks’ reserving practices, but gives banks enough time to implement the standard, according to a Fitch Ratings analysis.

July 13, 2016

SEC proposes updating disclosure requirements

The SEC voted to propose amendments intended to eliminate redundant, overlapping, outdated, or superseded disclosure requirements.

May 5, 2016

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.

April 13, 2016

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.

January 1, 2016

SEC adopts crowdfunding rules

Funding limits and disclosure requirements will apply.

December 10, 2015

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.

October 26, 2015

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.

October 22, 2015

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.

October 1, 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.

September 1, 2015

SEC considers updating audit committee disclosures

The commission is seeking public comment on information provided to investors.

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AI risks CPAs should know

Are you ready for the AI revolution in accounting? This JofA Technology Q&A article explores the top risks CPAs face—from hallucinations to deepfakes—and ways to mitigate them.