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08/22/08 -- SEC to Address Technology's Role in Submitting and Using Financial Information at October Forum The Securities and Exchange Commission will discuss how issuers and investors use financial information during the agency’s roundtable...
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SEC/GAAP Watch - August 20, 2008 The Board of Trustees of the Financial Accounting Foundation, the body that oversees the Financial Accounting Standards Board and the Governmental Accounting Standards Board, is to meet on August 26, 2008, in New York...
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8/19/08 -- Comment Deadlines for 11 SEC Proposals The comment periods on 11 Securities and Exchange Commission proposals on various topics, including the credit rating agencies, the Public Company Accounting Oversight Board, and energy company disclosure...
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08/15/08 -- SEC Gives Fast Track to SRO Insider Trading Agreement The Securities and Exchange Commission issued for public comment an agreement among the major securities stock exchanges to join forces in their oversight of insider trading. The order...
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8/14/08 -- FASB's Proposed Revisions to Hedge Accounting Guidance Aim for Simplification Sweeping changes may soon be in store for hedge accounting, given the strong support from constituents that a proposed amendment to current guidance has received...
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8/12/08 -- FASB and IASB Issue Exposure Drafts to Converge Earnings per Share Standards Both the Financial Accounting Standards Board and the International Accounting Standards Board issued exposure drafts on August 7, 2008, with amendments to their standards...
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8/11/08 -- Action Alert No. 08-32: FASB Decides on Effective Date for SFAS No. 140 and FIN No. 46(R) Amendments At its July 30, 2008, weekly meeting the Financial Accounting Standards Board decided that the proposed amendments to Statement of Financial...
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8/08/08 -- FASB Final FSP No. FAS 117-1 Provides Guidance on Classifying Endowment Assets The Financial Accounting Standards Board issued FASB Staff Position (FSP) No. FAS 117-1, Endowments of Not-for-Profit Organizations: Net Asset Classification of...
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8/06/08 -- SEC Provides Conditions for Website Disclosures in Interpretative Release No. 34-58288 With the posting of Release No. 34-58288, Commission Guidance On The Use Of Company Web Sites, on August 1, 2008, the Securities and Exchange Commission...
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8/07/08 -- SEC Proposes Amendments to Municipal Securities Disclosures in Release No. 34-58255 The Securities and Exchange Commission issued a proposed rule in Release No. 34-58255, Proposed Amendment to Municipal Securities Disclosure, on July 30, 2008...
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8/05/08 -- SEC Issues Release Nos. 34-58253 and 34-58254 to Solicit Comments on Changes to the NYSE's Listing Requirements The Securities and Exchange Commission published Release No. 34-58253 and Release No. 34-58254 to solicit comments on rule changes...
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8/04/08 -- SEC Seeks Comments on PCAOB AS 6 in Release No. 34-58259 The Securities and Exchange Commission issued Release No. 34-58259, Public Company Accounting Oversight Board; Notice of Filing of Proposed Rule on Auditing Standard No. 6, Evaluating...
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08/01/08 -- FASB Approves 2010 Adoption Date for Amendments to SFAS No. 140 and FIN No. 46(R) The accounting rule amendments designed to end off-balance sheet treatment for qualified special purpose entities will become effective in 2010, the Financial...
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07/31/08 -- SEC Announces Roundtable on How IFRS, U.S. GAAP Performed During Credit Crisis The Securities and Exchange Commission is to host a roundtable discussion August 4, 2008, on the performance of the International Financial Reporting Standards...
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07/30/08 -- SEC Approves Nasdaq Proposal to Permit the Initial Listing of SPACs in Release No. 34-58228 The Securities and Exchange Commission approved on an accelerated basis a proposed rule change from The Nasdaq Stock Market in Release No. 34-58228...
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07/29/08 -- Discontinued Operations Guidance Finalized by FASB The Financial Accounting Standards Board approved several staff recommendations on final amendments to Proposed FASB Staff Position (FSP) No. FAS 144-d, Amending the Criteria for Reporting...
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07/28/08 -- Action Alert No. 08-30: FASB to Consider Effective Dates For Amended Off-balance-sheet Guidance At its weekly meeting on July 30, 2008, the Financial Accounting Standards Board will reconsider the effective date and transition provisions for...
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7/25/08 -- Comment Deadlines for 10 SEC Proposals The comment periods on 10 SEC proposals on various topics, including the eXtensible Business Reporting Language, the credit rating agencies, and short selling, are to expire in the next two months. Release...
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7/24/08 -- Nasdaq Seeks to Tighten Rules for Reverse Mergers in SEC Release No. 34-58182 The Nasdaq Stock Market has proposed to tighten the listing requirements for companies involved in reverse mergers, a class of mergers where non-listed entities go...
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7/23/08 -- SEC Issues Release No. 34-58121 to Seek Comments on PCAOB Rule Proposals The Securities and Exchange Commission issued Release No. 34-58121, Notice of Filing of Proposed Changes Regarding Ethics and Independence Rule 3526, Communication with...
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7/22/08 -- SEC Gives Market Makers Exemption From Short-selling Emergency Order in Release No. 34-58190 Just three days after taking an unprecedented action to clamp down on short selling, the Securities and Exchange Commission issued Release No. 34-58190...
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7/21/08 -- Action Alert No. 08-29: FASB Plans Its Overall Approach to Lease Accounting At its weekly meeting on July 23, 2008, the Financial Accounting Standards Board will discuss two joint projects with the International Accounting Standards Board:...
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SEC/GAAP Watch - July 18, 2008 The Securities and Exchange Commission still needs to set up an independent advisory panel to evaluate the agency's enforcement program and make recommendations for improving its proceedings in this area, Commissioner...
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7/17/08 -- FASB Project Updates As of June 24, 2008, the status of some of the projects being addressed by the Financial Accounting Standards Board and its staff is as follows: Financial Statement Presentation?Joint Project of the IASB and FASB. At a...
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07/16/08 -- Comment Period for Reg SHO Amendment Extended in Release No. 34-58107 The Securities and Exchange Commission issued Release No. 34-58107, Amendment to Regulation SHO, on July 7, 2008, to extend the comment period to August 13, 2008, for a...
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