Crunch time is getting closer for accelerated filers approaching year’s end. The sprint to a compressed, 60-day process to close the books and meet filing deadlines for the largest and most complex public companies will begin in a few short weeks.
The long-foretold 60-day close process falls in the same year thatcompanies also must address an ample collection of new rules and emerging concerns for the first time. Among them: new pension-disclosure requirements, ongoing concerns about stock option grants and valuations, new guidance surrounding uncertain tax positions, new guidance on fair-value accounting, and new compensation-disclosure rules that will affect proxy statements.
