CAQ Releases Highlights of September 2022 SEC Regulations Committee Joint Meeting With SEC Staff
April 7, 2023
The Center for Audit Quality (CAQ) has published highlights of the September 21, 2022, CAQ SEC Regulations Committee joint meeting
with the SEC staff.
Topics discussed at the meeting included:
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Applicability of Regulation S-K, Item 302(a), Supplementary Financial Information — Disclosure of Material Quarterly Changes, when a registrant retrospectively revises and reissues its financial statements in connection with a new Form S-3.
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The SEC staff’s interpretation of the Commission’s definition of a business under Regulation S-X, Rule 11-01(d).
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Presentation of non-GAAP financial measures that substitute one acceptable GAAP method of accounting for another acceptable GAAP method of accounting.