{"id":787,"date":"2016-12-06T11:10:45","date_gmt":"2016-12-06T16:10:45","guid":{"rendered":"https:\/\/seci.wpenginepowered.com\/?p=787"},"modified":"2016-12-06T11:10:45","modified_gmt":"2016-12-06T16:10:45","slug":"disclosure-effectiveness-the-saga-continues","status":"publish","type":"post","link":"https:\/\/seciblog.pli.edu\/index.php\/disclosure-effectiveness-the-saga-continues\/","title":{"rendered":"Disclosure Effectiveness \u2013 The Saga Continues"},"content":{"rendered":"

By: George M. Wilson & Carol A. Stacey<\/p>\n

A not so long, long time ago (OK, sorry Arlo Guthrie), and over a very reasonable period, the SEC began its Disclosure Effectiveness initiative. As you have likely heard (and can read about here<\/u><\/a>), the Staff has sought comment and feedback about a variety of issues, including a lengthy release dealing with Regulation S-K and another dealing with various \u201cfinancial statements of others\u201d requirements in Regulation S-X.<\/p>\n

The latest disclosure simplification development is a 26-page Staff report required by the FAST Act titled \u201cReport on Modernization and Simplification of Regulation S-K<\/u><\/a>\u201d. It addresses a variety of areas ranging from properties to risk factors. Included are several interesting ideas such as requiring year-to-year comparisons in MD&A for only the current year and prior year and including hyperlinks to prior filings for prior comparisons.<\/p>\n

The report is a thoughtful and interesting step in this challenging process.<\/p>\n

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

By: George M. Wilson & Carol A. Stacey A not so long, long time ago (OK, sorry Arlo Guthrie), and over a very reasonable period, the SEC began its Disclosure Effectiveness initiative. As you have likely heard (and can read about here), the Staff has sought comment and feedback about a variety of issues, including … Continue reading Disclosure Effectiveness \u2013 The Saga Continues<\/span> →<\/span><\/a><\/p>\n","protected":false},"author":1,"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},"_wpas_customize_per_network":false},"categories":[143],"tags":[149,48,101,111,127,19,67,46,25,42,24,98,132,180,23,85,100,121,103,106,47,5,99,133],"coauthors":[163],"class_list":["post-787","post","type-post","status-publish","format-standard","hentry","category-hot-topic","tag-10-k","tag-accounting","tag-aicpa","tag-am-law","tag-disclosures","tag-fasb","tag-fasbiasb","tag-financial","tag-financial-accounting-standards-advisory-committee","tag-financial-reporting","tag-financial-statements","tag-gaap","tag-internal-auditing","tag-lease-standard","tag-mda","tag-pcaob","tag-pli","tag-pli-free-fridays","tag-pli-securities-regulation","tag-reg-s-k","tag-revenue-recognition","tag-sec-reporting","tag-seci","tag-sox"],"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\/787","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/seciblog.pli.edu\/index.php\/wp-json\/wp\/v2\/comments?post=787"}],"version-history":[{"count":0,"href":"https:\/\/seciblog.pli.edu\/index.php\/wp-json\/wp\/v2\/posts\/787\/revisions"}],"wp:attachment":[{"href":"https:\/\/seciblog.pli.edu\/index.php\/wp-json\/wp\/v2\/media?parent=787"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/seciblog.pli.edu\/index.php\/wp-json\/wp\/v2\/categories?post=787"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/seciblog.pli.edu\/index.php\/wp-json\/wp\/v2\/tags?post=787"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/seciblog.pli.edu\/index.php\/wp-json\/wp\/v2\/coauthors?post=787"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}