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.
Advertisement
TOPICS / ACCOUNTING & REPORTING
SEC regulatory compliance & reporting
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 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 proposes clawback rules
Executive officers would be required to pay back incentive compensation awarded in error.
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.
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.
SEC will seek comments on new possibility for voluntary IFRS adoption
The SEC is considering the merits of an informal proposal that would allow voluntary filing of supplemental material in financial statements by U.S. public companies, according to SEC Chief Accountant James Schnurr.
11 suggestions for making corporate disclosures more effective
Better search and visualization capabilities, more discussion of company strategy, and ranking of risk factors would make corporate financial reporting more useful to investors, according to a report released Thursday. Prepared with the help of a broad spectrum of experts, the report provides recommendations for improving the effectiveness of corporate
Department of Commerce hasn’t met conflict minerals obligations, GAO says
Although U.S. public companies were required to file their first conflict minerals disclosures earlier this month, a new government report shows that the U.S. Department of Commerce has not met its obligations with regard to new conflict minerals regulations. The department failed to meet a January 2013 deadline to compile
Portions of conflict minerals rule stayed by SEC
Companies will not have to explicitly declare whether their products contain minerals that originated in mines in the Democratic Republic of Congo or its neighboring countries, according to the SEC. The SEC issued an order Friday staying the effective date for compliance with portions of its conflict minerals rule that
SEC slightly amends conflict minerals reporting requirements
The SEC has amended its conflict minerals reporting requirements after an appeals court struck down part of the rule. Under the conflict minerals rule, issuers are required to attempt to determine whether the gold, tantalum, tin, and tungsten used in their products originated in mines operated by warlords in the
Two SEC commissioners call for stay of conflict minerals rule
Two SEC commissioners issued a statement Monday calling for the commission to stay its conflict minerals rule and impose no further regulatory obligations related to the rule until litigation surrounding the rule is completed. Commissioners Daniel Gallagher and Michael Piwowar said marching ahead with a rule that might be invalidated
Features
FROM THIS MONTH'S ISSUE
How to set up a simple automation in Zapier
When automating apps within the same tech ecosystem, that system’s automation options are highly effective. Tools like Zapier, though, allow automation across ecosystems. Learn how in this Tech Q&A article.
From The Tax Adviser
July 31, 2026
Current developments in S corporations
July 31, 2026
