SEC Committee Ups Ante in Fight Against FASB Materiality Changes

Members of the SEC’s Investor Advisory Committee are ramping up their fight with FASB over proposals that redefine its approach to materiality in financial statements. The plan is “fraught with the risk that disclosures that are unfavorable to the issuer are disproportionately viewed as immaterial and as a result excluded ...

lock iconTHIS IS MEMBERS-ONLY CONTENT. To continue reading, choose one of the options below.