By: George M. Wilson, SEC Institute<\/p>\n
We periodically post information from the FASB\u2019s agenda<\/u><\/a> to get a sense of the direction of accounting standard setting. When it comes to SEC rulemaking<\/strong> however it can be a bit harder to get a sense of what is in process. The SEC\u2019s webpage does not have as straightforward a list of projects in process as the FASB\u2019s agenda. The SEC\u2019s agenda is compiled and included in the semiannual\u00a0Unified Agenda of Federal Regulatory and Deregulatory Actions<\/strong>\u00a0which is compiled by the Regulatory Information Service Center, a component of the U.S. General Services Administration along with the Office of Management and Budget\u2019s Office of Information and Regulatory Affairs.<\/p>\n <\/p>\n One issue in past SEC agenda setting is that the lists in the Unified Agenda were perhaps a bit of a \u201cwish list\u201d and might include more than could be done in the Unified Agenda\u2019s regulatory one-year time horizon. The current leadership at the SEC has taken a different tack with this list and tried to build an agenda that can, hopefully, be accomplished in a one-year time horizon.<\/p>\n <\/p>\n This agenda is maintained in the government\u2019s Office of Information and Regulatory Affairs<\/u><\/a>. As you can see the agenda<\/u><\/a> is not encyclopedic, but does touch on a variety of areas. It is also worth noting how many of the areas on the agenda deal with disclosure effectiveness and modernization.<\/p>\n <\/p>\n