This Financial Reporting Alert has been updated to reflect the SEC’s issuance of Question 105.09 of the Exchange Act Forms Compliance and Disclosure Interpretations (C&DIs), which clarifies that the SEC staff would not object if a filer’s first presentation of changes in shareholders’ equity is included in its Form 10-Q for the quarter that begins after the effective date of the SEC’s final rule on disclosure simplification. See the discussion in the Effective Date section below.
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