The Securities and Exchange Commission sent out several reminders to companies last year that it is keeping a watchful eye on their disclosures.
In several comment letters to issuers as part of its disclosure review process, the SEC alerted companies to concerns about reporting on everything from taxes to unconventional measures. Recent examinations of the comment letters indicate that the Commission is taking a harder look at revenue recognition, loss contingencies, segmentation reporting, risk factors, and other areas during the reviews.
