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Tag: COMMENT LETTERS

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SEC Exercises Patience in Enforcing New Lease Accounting Standard

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

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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Five Lessons from Early Comment Letters on COVID-19

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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SEC Probes Amazon on Revenue Recognition

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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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