SEC CIFiR, Treasury ACAP 30 Day Comment Period on Recommendations

Posted by accountingweb on May 20 2008 808 printer friendly

By Edith Orenstein, FEI Financial Reporting Blog - SEC’s ‘Complexity’ Committee – the SEC Advisory Committee on Improvements to Financial Reporting (CIFiR or the Pozen Committee for chair Robert Pozen) posted a Notice/Request for Comment seeking comment on its updated recommendations (updated from their Feb. 14 Progress Report). The 30 day comment period will end 30 days after the Notice is published in the Federal Register.

Separately, the U.S. Treasury Department’s Advisory Committee on the Auditing Profession (ACAP) posted a Notice/Request for Comment in the Federal Register last week requesting public comment on the recommendations contained in ACAP's May 5 Draft Report. The 30 day comment period ends June 13.

Further information is available here.

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FEI Financial Reporting Blog provides highlights from SEC, PCAOB, FASB, IASB, and other regulatory news, including reporting under Sarbanes-Oxley Sect 404. It is written by Edith Orenstein, Director of Technical Policy Analysis at FEI

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