The staff in the Division of Corporation Finance of the SEC recently released an updated Financial Reporting Manual, reflecting changes through December 31, 2012.
This manual represents informal guidance prepared for use by Division of Corporation Finance staff and published to provide guidance for those filing with the SEC for certain types of transactions.
Various areas within the manual were changed in this edition, including the following areas (identified below in parentheses by section number in the manual):
- Age of financial statements in foreign private issuer initial public offerings (section 6220.3)
- Regulation S-X requirements for foreign private issuers (section 6320.6)
- Financial statement requirements for foreign incorporated acquirees or investees that do not qualify as a foreign business (section 6410.9)
The Financial Reporting Manual is available by clicking here.
Readers should not act upon information presented without individual professional consultation.
Back to Accounting & Audit Alert