On March 6, 2024, the Securities and Exchange Commission (SEC) adopted final rules to require registrants to disclose certain climate-related information in registration statements and annual reports. The Commission proposed the rules…
Category: SEC
Guarding Against Rising Investment Frauds Exploiting Artificial Intelligence
The Securities and Exchange Commission (SEC) Office of Investor Education and Advocacy, in collaboration with the North American Securities Administrators Association (NASAA) and the Financial Industry Regulatory Authority (FINRA), has issued a…
Confidential Treatment Applications Submitted Pursuant to Securities Act Rule 406 and Exchange Act Rule 24b-2
The SEC Division of Corporation Finance published CF Disclosure Guidance: Topic No. 7 to address how and what to submit when filing an application objecting to public release of information otherwise required…
Who audits the auditors: The vital role of the PCAOB
In the complex world of financial reporting and corporate governance, maintaining trust and integrity is paramount. Auditors play a critical role in ensuring that financial statements accurately represent a company’s financial position….
Have you met EDGAR?
EDGAR stands for Electronic Data Gathering, Analysis, and Retrieval. It is an online database maintained by the U.S. Securities and Exchange Commission (SEC). It is a comprehensive repository that contains a wide…
Narrow Focus on Financial Reporting Risks: Concerns and Impact on Investors
Management’s and auditors’ risk assessment processes play a crucial role in financial reporting decisions and the effectiveness of internal controls over financial reporting (ICFR). In a Statement released by SEC Chief Accountant…