Practical tip

Highlights tips on applying financial reporting requirements with one or more practical examples

Presentation of debt issuance costs and commitment fees

12/11/15

This Practical tip clarifies balance sheet presentation of debt issuance costs and initial up-front commitment fees for revolvers.

Discontinued operations and dispositions

12/10/15

This Practical tip explains how the distinction between the definition of a discontinued operation and a significant disposal impacts SEC reporting.

Selected quarterly financial data subsequent to an initial public offering

09/18/15

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.

Updating interim financial statements in registration statements

04/16/15

Explaining the SEC staff accommodation about the need to update interim financial statements in registration statements.

Reporting considerations for a discontinued operation subsequently retained

12/18/14

This Practical tip discusses the presentation of a discontinued operation subsequently retained, and the reporting requirements in subsequent registration statements.

SEC filings considerations when a private company applies PCC standards

12/10/14

This Practical tip explains presenting financial information of a private company applying PCC standards in SEC filings.

Accounting for discontinued operations subsequently retained

12/10/14

This Practical tip discusses the accounting for discontinued operations subsequently retained by an entity.

Management’s internal control reporting for newly public companies

12/01/14

This Practical tip provides guidance regarding Management’s internal control reporting requirements for newly public companies.

Presenting less than 12 month financial statements of an acquired business

07/15/14

This Practical tip provides guidance regarding using less than 12 month financial statements in lieu of a full year for an acquired business.

Parent company financial information when the registrant has a consolidated shareholders’deficit

06/04/14

This Practical tip provides guidance on how to calculate the threshold for parent company financial information when the registrant has a consolidated shareholders' deficit.