SEC accounting, reporting issues affecting registrants, auditors 

December 13:  The AICPA held, on December 3-5, its annual national conference on current U.S. Securities and Exchange Commission (SEC) and Public Company Accounting Oversight Board developments.

Discussed at the conference were the most critical accounting and reporting issues affecting SEC registrants and auditors, including:


  • Using IFRS in the United States
  • Observations and recommendations for preparers related to providing transparent disclosures
  • The SEC’s filing review process
  • Reporting observations identified during reviews of registrants’ filings
  • Internal control over financial reporting
  • Audit quality and the role of the audit committee
  • Priorities of accounting and auditing standard setters

Read a December 2012 report [PDF 345 KB] providing a comprehensive account of the topics discussed at the conference, prepared by KPMG LLP: Issues In-Depth: 2012 AICPA National Conference on Current SEC and PCAOB Developments




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