SEC regulatory compliance & reporting

TOPICS / ACCOUNTING & REPORTING

December 1, 2017

Lessons to learn from SEC accounting and auditing enforcements

Five principles can help prevent, detect, or correct the most frequent securities law violations adjudicated by the SEC.

December 1, 2017

SEC proposes simplifying disclosure requirements

Repetition and immaterial disclosures will be discouraged.

October 11, 2017

SEC proposes simplifying disclosure requirements

The SEC proposed amendments that are designed to simplify disclosures without sacrificing information that is important to investors.

August 23, 2017

SEC conforms staff guidance to new FASB revenue recognition rules

The SEC has issued a staff accounting bulletin to bring its existing guidance into conformity with FASB’s new revenue recognition standard.

May 1, 2017

SEC to require hyperlinks to exhibits in company filings

The commission also proposed an Inline XBRL requirement.

November 22, 2016

SEC names Bricker chief accountant

Wesley Bricker, CPA, a former PwC partner, was named the Securities and Exchange Commission’s chief accountant.

November 15, 2016

White to leave SEC chair post in January

Mary Jo White plans to depart her position as Securities and Exchange Commission chair in January, when Barack Obama’s second term as president ends.

November 1, 2016

SEC asks for comments on disclosure simplification

The commission aims to modernize requirements.

November 1, 2016

SEC plans to require new hyperlinks in filings

The proposal is intended to make exhibits more accessible.

September 1, 2016

SEC proposes updating disclosure requirements

The commission seeks to eliminate outdated and unnecessary provisions.

August 31, 2016

SEC plans to make exhibits in filings easier to access

The proposal is designed to make it easier for readers to locate exhibits referenced in those filings.

August 26, 2016

SEC asks for comments on disclosure simplification

The SEC invited input on certain disclosure requirements related to management, certain security holders, and corporate governance matters.

August 1, 2016

SEC to accept Inline XBRL format

The technology helps companies integrate data into their HTML filings.

July 25, 2016

New credit loss standard manageable for US banks, Fitch says

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.