March 21, 2016

SEC Regulations Committee Highlights - March 21, 2016

The Center for Audit Quality SEC Regulations Committee meets periodically with the staff of the SEC to discuss emerging financial reporting issues relating to SEC rules and regulations. The purpose of the following highlights is to summarize the issues discussed at the meetings. These highlights summarize topics discussed, including the following: Transition Questions Related to New Leasing Standard; FAST Act Filing Accommodations; Conflict Minerals; FRM Updates; Disclosure Effectiveness Update; Non- GAAP Measures; The Applicability of General Instruction II.C of Form S-1 or General Instruction II.E of Form F-1 to Pro-Forma Financial Information.