{"id":1413,"date":"2018-12-12T11:58:31","date_gmt":"2018-12-12T16:58:31","guid":{"rendered":"https:\/\/seci.wpenginepowered.com\/?p=1413"},"modified":"2019-02-15T15:37:41","modified_gmt":"2019-02-15T20:37:41","slug":"preparing-for-year-end-2018-number-one-a-disclosure-update-and-simplification-reminder","status":"publish","type":"post","link":"https:\/\/seciblog.pli.edu\/index.php\/preparing-for-year-end-2018-number-one-a-disclosure-update-and-simplification-reminder\/","title":{"rendered":"Preparing for Year-End 2018: Number One \u2013 A Disclosure Update and Simplification Reminder"},"content":{"rendered":"

As we move through the calendar towards year-end or quarter-end, we are presenting a series of posts focusing on issues to consider as we navigate through the reporting process.\u00a0This first post is a reminder to make sure to update your Form 10-K or Form 10-Q for the SEC\u2019s Disclosure Update and Simplification Rule<\/a>.\u00a0The major areas to update include:<\/p>\n

Form 10-K changes:<\/strong><\/p>\n

    \n
  1. Item 1 \u2013 Changes to S-K Item 101<\/li>\n
  2. Item 5 \u2013 Changes to S-K Item 201<\/li>\n
  3. The impact of the Rule on the Annual Report to Shareholders<\/li>\n
  4. The elimination of the earnings to fixed charges ratio<\/li>\n<\/ol>\n

    Form 10-Q changes:<\/strong><\/p>\n

      \n
    1. Item 1 \u2013 Changes to S-X Article 10 – Addition of changes in shareholders’ equity information<\/li>\n
    2. Item 1 \u2013 Changes to S-X Article 10 \u2013 Removal of contingency disclosure language<\/li>\n<\/ol>\n

      As overviewed in this previous post<\/a>, our \u201ccookbook\u201d to help you through the mechanics of each of the above changes can be found here<\/a>.<\/p>\n

      Post Number Two in this series will have the news of the latest Inspection Outlook from the PCAOB.<\/p>\n

      As always, your thoughts and comments are welcome!<\/p>\n","protected":false},"excerpt":{"rendered":"

      As we move through the calendar towards year-end or quarter-end, we are presenting a series of posts focusing on issues to consider as we navigate through the reporting process.\u00a0This first post is a reminder to make sure to update your Form 10-K or Form 10-Q for the SEC\u2019s Disclosure Update and Simplification Rule.\u00a0The major areas … Continue reading Preparing for Year-End 2018: Number One \u2013 A Disclosure Update and Simplification Reminder<\/span> →<\/span><\/a><\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[242],"tags":[],"coauthors":[154],"class_list":["post-1413","post","type-post","status-publish","format-standard","hentry","category-reporting"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/seciblog.pli.edu\/index.php\/wp-json\/wp\/v2\/posts\/1413","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/seciblog.pli.edu\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/seciblog.pli.edu\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/seciblog.pli.edu\/index.php\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/seciblog.pli.edu\/index.php\/wp-json\/wp\/v2\/comments?post=1413"}],"version-history":[{"count":0,"href":"https:\/\/seciblog.pli.edu\/index.php\/wp-json\/wp\/v2\/posts\/1413\/revisions"}],"wp:attachment":[{"href":"https:\/\/seciblog.pli.edu\/index.php\/wp-json\/wp\/v2\/media?parent=1413"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/seciblog.pli.edu\/index.php\/wp-json\/wp\/v2\/categories?post=1413"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/seciblog.pli.edu\/index.php\/wp-json\/wp\/v2\/tags?post=1413"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/seciblog.pli.edu\/index.php\/wp-json\/wp\/v2\/coauthors?post=1413"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}