The SEC’s Division of Corporation Finance posted a half dozen updates to its Financial Reporting Manual on July 1. The updates covered the following:
Combining entities with different fiscal year ends: The updated version includes a change from the term “Form S-4″ to the term “Form 8-K or registration statement.” According to the update, if a domestic registrant files a Form 8-K or registration statement for a business combination transaction and the target company is a foreign private issuer, the age of the pro forma information must be determined by reference to S-X 3-12.
