Information on public company accounting best practices and relevant industry news
Publisher: Wall Street Journal Author: Jean Eaglesham Faced with a recent string of courtroom defeats, the Securities and Exchange Commission is changing the way it prepares for trials. SEC© Chairwoman Mary Jo White has taken steps to restructure the agency’s…
Securities and Exchange Commission Press Release The SEC© announced that starting on March 18th, 2014, the fee rates applicable to most securities transactions will be set at $22.10 per million dollars. The assessment on security futures transactions will remain unchanged at…
Author: Barbara Baksa The SEC© staff have finished their review of the disclosure requirements of Regulation S-K and issued a report that includes recommendations for further review. The JOBS Act of 2012 required the study in respect to disclosures by…
Author: Barbara Baksa, Executive Director, NASPP In light of the upcoming tax season, there has been a lot of tax related questions that have popped up on the NASPP forums. Here is a preview of answers to some of the…
Published: Forbes Author: Daniel Fisher In SEC© enforcement cases, the Commission has had a policy where they accept a “no-admit, no-deny” settlement from defendants. Defendants get to close their case without having to admit or deny wrongdoing. Many cases have…
Publisher: Akin Gump Strauss Hauer & Feld LLP Authors: Kerry Berchem, Rick Burdick, Tracy Crum, Garrett A. DeVries, Patrick Dooley, David Patrick Elder, N. Kathleen Friday, Jo-Ellyn Sakowitz Klein, Christine LaFollette, Jorge Lopez, Bruce Mendelsohn, J. Kenneth Menges, Frank Reddick,Rolf…
The Economist In the wake of the most recent financial meltdown, calls to reform accounting have grown particularly loud in both America and the European Union. Legislators are expected to introduce new rules with the intent to enhance auditors’ independence.…
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On Wednesday, July 21, 2010, the Dodd-Frank Act took effect which, among other measures, exempts smaller reporting companies from the Sarbanes-Oxley (SOX) requirement under Section 404(b) for an auditor report on management's assessment of internal controls over financial reporting. Under…
In January 2010, the SEC© staff issued a small entity compliance guide on oil and gas reporting to assist smaller companies in implementing the new reporting requirements under the SEC© final rule, Modernization of Oil and Gas Reporting. The final…