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Author: Mas Harntha

SEC Moves Further Toward Principles-Based Disclosure in Latest Regulation S-K Changes

Continuing its move toward more a principles-based disclosure approach, the SEC has adopted amendments to its disclosure requirements so that registrants will no longer have to provide in their registration statements and annual and other reports, five years of selected financial data, a separate section about  off-balance sheet arrangements and tabular disclosure of contractual obligations.