This issue includes an article on what compensation committees can expect from the SEC’s proposed Dodd-Frank executive compensation disclosure rules, comment letters on the PCAOB’s proposed audit engagement partner form, and more. Read more
The SEC adopted a final rule requiring many public companies to disclose the ratio of the CEO’s annual total compensation to the median annual total compensation of all employees. In this webcast we'll discuss complying with the CEO pay ratio disclosures, applying statistical sampling to derive a median employee, and utilizing the data collected to aid in the development and execution of workforce planning strategies.
This issue of BoardroomDirect® includes a link to the new PwC Audit Committee Excellence Series publication on what directors need to know about cybermetrics. There is also news about a group of US senators asking the SEC to write rules on corporate political spending disclosure and an effort by the US Department of Justice to focus more on individuals than companies in criminal and civil investigations. There is also news about two SEC commissioner openings and the Institute of Internal Auditors’ proposal to require all companies to have an internal audit function.
This quarterly publication is designed to keep directors informed about the latest accounting and financial reporting issues.
Selected quarterly financial data described in Item 302(a) of Regulation S-K is generally not required to be included in a prospectus for an initial public offering, but is required in registration statements on Form S-1 and in Annual Reports on Form 10-K filed subsequent to the completion of an initial public offering and the registration of securities under Section 12(b) or 12(g) of the Exchange Act. This practical tip explains the requirements for providing selected quarterly financial data in filings and gives a practical example.
Watch a replay of our quarterly webcast, designed to keep you informed about emerging accounting, regulatory, and market developments impacting financial reporting.
Summary of activities of the PCAOB, SEC, and FASB, and related international developments.
PwC supports the SEC's proposal, but offers recommendations intended to provide additional guidance on certain aspects.
This issue of BoardroomDirect® includes an article on what compensation committees can expect from the SEC’s proposed Dodd-Frank executive compensation disclosure rules. There is also news about recent publications from the SEC and Council of Institutional Investors on proxy access, ISS’ 2016 proxy season voting recommendation survey, comment letters on the PCAOB’s proposed audit engagement partner form, a court decision regarding part of the conflict minerals disclosure rule, and the IASB’s amendments to the revenue recognition standard.
The SEC did not object to deconsolidation of a Venezuelan subsidiary due to currency restrictions and lack of control.
This issue of BoardroomDirect® includes an article on how audit committees can deal with internal investigations. There is also news about the SEC proposing clawback policy rules and a concept release on audit committee disclosure, the PCAOB seeking comment on audit quality indicators, the FASB officially delaying the new revenue recognition standard for one year, and a report on how risk culture oversight is the next board frontier.