SEC Complexity Comm. Approves Final Report; To Hold Press Conf. Aug. 1
By Edith Orenstein, FEI Financial Reporting Blog - Earlier today (July 31) the SEC Advisory Committee on Improvements to Financial Reporting (CIFiR or the ‘Pozen Committee’ for chair Robert Pozen) voted to approve publication of its final report. A press conference will take place at the SEC tomorrow, said Pozen, to recognize delivery of CIFiR’s final report to SEC Chairman Christopher Cox. Cox and Pozen will be joined at the press conference by FASB Chairman Robert Herz and PCAOB Chairman Mark Olson. Read about changes made to the final report and other discussion that took place at today's CIFiR meeting here.