The SEC’s Division of Corporation Finance periodically makes informal staff interpretations available to the public via the Financial Reporting Manual (FRM).
On August 28th, Division staff posted the revised version of the FRM, which reflects the following modifications:
- additional real estate-related and other revisions to conform to the May 2020 amendments to the S-X Acquisition Rules
- revisions for amendments to MD&A, selected financial data, and supplementary financial information
- revisions for changes to standards issued by the PCAOB and other clarifications related to independent accountants’ involvement
For additional information, including a summary of the most recent changes, please visit the SEC’s Financial Reporting Manual page.
Source:
Updates to the Financial Reporting Manual (sec.gov)
