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PCAOB Puts NOCLAR Proposal on Hold

Of course, it’s not just the SEC that will feel the impact of a new administration. Even quasi-regulators like the PCAOB are impacted. Hence, the PCAOB’s recent decision to put its pending rulemaking that would broaden the scope of auditor responsibilities for audit client noncompliance with laws and regulations – known as NOCLAR – on hold, as noted in this “Accounting Today” article. Just a …

Next Thursday’s Webcast: “Cyber 8-K Report Debrief – Trends and Strategies”

Tune in next Thursday, November 21st to hear Dave Navetta, Michael Egan, Sarah Sellers, Asa Henin and Christian Lee in our webcast – “Cyber 8-K Report Debrief – Trends and Strategies” – as they analyze 8-K filing trends for cybersecurity incidents in the past year, offer strategies and considerations for companies when filing 8-Ks, and review our annual 8-K report covering these topics.

Cybersecurity Form 8-Ks: Corp Fin’s Interesting Comment Letter Process

We’ve known for some time that Corp Fin is reviewing Form 8-Ks filed after a company experiences a cybersecurity incident – including whether those 8-Ks should be filed under Item 1.05 or Item 8.01. These reviews have happened side-by-side with three tranches of guidance from the staff regarding cybersecurity incident 8-Ks, including: Now, the Corp Fin staff has uploaded an interesting publicly available comment letter …