On February 2, 2009 the Securities and Exchange Commission published the text of its new rules for credit rating agencies registered as nationally recognized statistical rating organizati...

The US Securities and Exchange Commission (SEC) has issued final rules requiring certain foreign private issuers to provide financial statements in XBRL format. The rules, which were anno...

The SEC has issued final rules requiring companies to provide financial statements in XBRL format. The rules, which were announced in late December, are largely as expected but do contain...

Executive compensation continues to dominate headlines and remains at the forefront of key governance issues. While most U.S. companies are now in their third year of implementing the SEC...

This survey provides an overview of the various measures and programs for the financial sector which have been adopted or announced, or are currently being discussed, by the governments o...

On January 23, Senate Finance Committee Chairman Max Baucus released a markup of the draft “economic stimulus” bill, known as the American Recovery and Reinvestment Act of 2009. A pro...

In a previous newsletter, we discussed the treatment of the equity owned by management prior to a private equity investment, as well as any new equity purchased by management, at the time...

After a year of proposed rulemaking, the US Securities and Exchange Commission (SEC) recently finalized the first amendments to its reserves and other reporting requirements for the oil a...

Preparing environmental disclosure for Securities and Exchange Commission (“SEC”) filings has always been a complicated task. Although most of the securities and accounting rules gove...

On December 30, 2008, the SEC Office of the Chief Accountant and Division of Corporation Finance issued a report to Congress on mark-to-market accounting standards as provided by FAS 157,...