Clear Answers to All Your Corporate Financial Disclosure Questions in a Convenient Q&A Format Corporate Financial Disclosure Answer Book by Steven Mark Levy List Price: $338.00 Eligible for Free Standard Shipping on U.S. Prepaid Orders Imprint: Aspen Publishers ISBN: 9780735594005 Format: Looseleaf Publication Cycle: Updated annually Last Updated: 6/21/2013 Automatic Supplementation More Info.

Description Federal law requires public companies to disclose financial and other information in accordance with strict standards, including thousands of SEC, FASB, PCAOB, and stock exchange pronouncements. Disclosure must be in a prospectus, as well as in annual and quarterly reports and proxy statements filed with the SEC. Corporate Financial Disclosure Answer Book is your guide to this vital subject. Whether you are a lawyer, accountant, corporate officer, director, audit committee member, or investor, you will obtain detailed answers to virtually every regulatory question you are likely to encounter regarding financial disclosure—in readable plain English. The convenient question-and-answer format is ideal for beginners seeking a general understanding of a topic, as well as seasoned professionals grappling with critical issues. Semiannual supplements keep this valuable reference up to date in this rapidly evolving field, including requirements created by the massive Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 . With Corporate Financial Disclosure Answer Book, you’ll be able to quickly obtain and easily understand answers to key questions about: Financial statement preparation Exchange Act registration and reporting Interactive data financial reporting and electronic filing Management’s discussion and analysis Derivatives disclosure Disclosure controls and procedures Internal control over financial reporting Executive compensation disclosure CEO and CFO certification of reports Pro-forma/non-GAAP financial information Audit committee responsibilities Auditor independence Financial restatements Regulation FD fair disclosure International accounting standards Financial statement audits PCAOB registration, inspections and enforcement Stock exchange listing standards And much more! T Table of Contents PART I: FUNDAMENTALS OF FINANCIAL DISCLOSURE Regulatory Framework Federal Securities Laws Securities and Exchange Commission Securities Act Registration Exchange Act Registration and Reporting Stock Exchange Listing Requirements Public Company Accounting Oversight Board State Boards of Accountancy State Blue Sky Laws American Institute of Certified Public Accountants Private-Sector Gatekeepers Research references Financial Reporting Role of financial statements GAAP and the FASB Balance sheet Income statement Statement of cash flows Footnotes and MD&A Financial Statement Audits Audit profession Audit engagement Audit report Alternatives to the audit Attestation report on internal control over financial reporting Records retention Auditors as defendants Research references International Standards IFRS basics Transition to IFRS U.S. GAAP reconciliation Auditing standards Research references Electronic Filing and Interactive Data Filing requirements Hardship exemptions Preparing submissions XBRL Interactive data financial reporting Research references Acronyms and Abbreviations PART II: SEC REQUIREMENTS Management’s Discussion and Analysis Scope of disclosure Focus of disclosure Presentation of disclosure Forward-looking information Liquidity and capital resources Results of operations Critical accounting policies and estimates Interim period reporting Liability Research references Off-Balance Sheet Arrangements "Off-balance sheet” defined Disclosure threshold Scope of disclosure Tabular disclosure of contractual obligations Presentation of disclosure Foreign private issuers Safe harbor for forward-looking information Research references Derivatives Disclosure Accounting policy disclosure—Rule 4-08(n) Quantitative disclosure about market risk—Item 305(a) Tabular presentation Sensitivity analysis Value at risk Qualitative disclosure about market risk—Item 305(b) Item 305 general issues Safe harbor protection Disclosure required by GAAP Research references Disclosure Controls and Procedures Definitions Creating a disclosure committee Establishing disclosure controls and procedures Evaluating disclosure controls and procedures Liability Research references Internal Control Over Financial Reporting Definition Management’s annual assessment and report Material weakness and significant deficiency Quarterly evaluations Framework for evaluation Evaluation and reporting guidance Auditor’s attestation Research references Executive Compensation Officers covered by disclosure requirements Compensation discussion and analysis Compensation committee report Summary compensation table Exercises and holdings of previously awarded equity Post-employment compensation Director compensation Scaled disclosure for smaller reporting companies Form 8-k disclosure TARP recipients Research references Certification of Reports Section 302 certification Section 906 certification Liability Research references Pro Forma/Non GAAP Financial Information Circumstances requiring proforma presentations Regulation G—disclosure of non- GAAP financial measures Inclusion of non-GAAP financial measures in SEC filings Non-GAAP disclosure in earnings releases Research references Code of Ethics "Code of ethics” defined Code of ethics disclosure Code changes or waiver Foreign private issuers Investment companies Research references Audit Committee Introducing the audit committee Proxy statement disclosures Pre-filing review of quarterly financials Pre-approval of audit and other accounting services Auditor required communications with audit committee Attorney’s duty to report wrongdoing Financial expert disclosure Audit committees of listed companies— Rule 10A-3 Audit committee liability Research references Auditor Independence General standard for auditor independence Financial relationships Employment relationships Business relationships Non-audit services Contingent fees Partner rotation Administering the engagement Compensation Quality control system Communication with audit committee Proxy and annual report disclosure Enforcement Research references Audit Integrity Falsification of accounting records False statements to accountants and auditors Improper influence on conduct of audits Research references Financial Restatements Materiality Press release Form 8-K disclosure Internal investigation Auditor’s response to illegal acts Amended quarterly or annual reports SEC inquiries Disgorgement of bonuses and profits—SOX 304 Research references Fair Disclosure Regulation FD basics Intentional and non-intentional disclosures Public disclosure requirement Liability Enforcement actions Research references PART III: STOCK EXCHANGE REQUIREMENTS Role of Stock Exchanges Listing standards SRO rulefiling requirements Research references New York Stock Exchange Listing Standards Listing and delisting Disclosure and reporting Corporate governance Certifications and affirmations Research references Nasdaq Stock Market Listing Standards Corporate governance Audit committee Code of conduct The PORTAL Market Research references PART IV: PCAOB OVERSIGHT About the PCAOB Establishment and organization Authority Budget and funding Accounting support fee SEC control Research references Registration and Reporting Definitions Applying for registration Withdrawing from registration Annual and special reporting Public availability of applications and reports Enforcement Research references Inspections of Registered Firms Frequency of inspections Conduct of inspections Draft inspection report Final inspection report Addressing quality control criticisms SEC review Inspections of foreign firms Research references Auditing Standards and Related Rules Auditing standards Interim standards Related rules Ethics and independence Contingent fees Tax services Services related to internal control Research references PCAOB Investigations Division of Enforcement and Investigations Testimony and document demands Asserting claims of privilege Confidentiality Rights of witnesses Noncooperation Research references PCAOB Adjudications Commencement of disciplinary proceedings Hearing officer Prehearing procedure Hearings Settlement Disciplinary sanctions Appeals to the Board SEC review Research references Table of Cases Index Related Products Securities Regulation Louis Loss, Joel Seligman, Troy Paredes The universally acknowledged work Securities Regulation is of immense day-to-day value to the practitioner. The authors' analysis of all relevant statutes plus thousands of cases, SEC administrative decisions and letters definitively clarifies such questions as: When does a note fall within t more... Add to cart   |  Price: $2,725.00  |  ISBN: 9780316533430  |  Format: Hardcover  Imprint: Aspen Publishers  Federal Money Laundering Regulation: Banking, Corporate and Securities Compliance Steven Mark Levy Federal Money Laundering Regulation: Banking, Corporate and Securities Compliance is your complete guide to understanding and complying with all U.S. statutes, regulations and court decisions governing money laundering activity. This valuable desk reference provides in-depth analysis and guid more... 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