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Tag: COMMENT LETTERS

Leased office space with retail options

SEC Exercises Patience in Enforcing New Lease Accounting Standard

Leased office space with retail options

Parents have an instinctive sense of which household rules to enforce ruthlessly (“don’t lie” comes to mind), and which to be more lenient with (curfews, maybe). As it turns out, the same can be said of the Securities and Exchange Commissio...

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Hanging set of punching Gloves

Six New Lessons from Latest Round of COVID-19 Comment Letters

Hanging set of punching Gloves

While the COVID-19 outbreak has left many of us hanging around the house for months, that hasn’t stopped the Securities and Exchange Commission from voicing opinions on pandemic-related corporate disclosure. In May, we offered up some preli...

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Bird on twig with worm

Five Lessons from Early Comment Letters on COVID-19

Bird on twig with worm

It’s still early, but we’re starting to learn more about how the SEC is policing disclosures around the pandemic. Like the disease itself, SEC comment letters take time to surface, and those we are seeing now are from the early days of the...

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Machine building computer part with SEC guidance.

SEC Probes Amazon on Revenue Recognition

Machine building computer part with SEC guidance.

Correspondence just released by the SEC (and available on the Intelligize platform) reveals that the agency has recently probed Amazon about a number of accounting issues, including those related to newly overhauled revenue recognition rule...

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