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16 Cards in this Set
- Front
- Back
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What is covered by regulation S-K?
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non-financial: Establishes requirementsfor all nonfinancial information contained in SEC filings.
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What is covered by regulation S-X?
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financial: Prescribes the form andcontent of the financialstatements.
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What are some of the major divisions within the SEC?
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4 divisions: corporate finance, market regulation, enforcement, and investment management
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what does the division of corporate finance do?
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sues people
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What does the Securities Exchange act of 1933 cover?
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registering securities
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What does the Securities Exchange act of 1934 cover?
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created SEC for continuous reporting and regulates trading of securities
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What are the goals of the SEC?
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1)full and fair disclosure 2)prohibit misstated info 3)prevent misuse of info by 3rd parties 4)regulate operations of securities markets
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What is the purpose of Financial Reporting
Releases (FRR’s) Financial Reporting Releases (FRR’s)? |
Supplements to
Regulations S-K and S-X |
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What is the purpose of Staff Accounting Bulletins (SAB’s)
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Views on current
accounting and disclosure matters. |
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Under what law is a registration agreement filed?
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Securities and Exchange Act of 1933
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What is incorporation by reference?
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Filing info with the SEC indicating that the info is already available in a different document.
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What is a form 8-k issued by a company? and what specific info does it convey?
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before publicly trading stocks. Used to disclose a
unique or significant happening. |
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What is the difference between the 10-k and the 10-q
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10-k is annual while 10-q is quarterly
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S-k regulates what?
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MDNA
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Who was the first chief accountant?
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Blough
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what significant event causes an 8-k?
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aquisition of a new company
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