2014 Financial Restatements Review

Latest Results Show Continuing Positive Restatement Trends For the sixth consecutive year, Revision Restatements, or those that do not undermine reliance on past financials, rose to 76% of all Restatements reported. On the flip side, Reissuance Restatements, which require disclosure in Item 4.02 of … Continue reading

Exploring the Disclosure of Cybersecurity

The SEC has been concerned with cybersecurity disclosures for many years. In 2011, guidance was issued to clarify public companies’ responsibility to disclose cybersecurity issues. The guidance requires public companies to disclose cybersecurity as a Risk Factor for companies that … Continue reading