Facebook did things right in its S-1 disclosures relating to data protection and privacy as it relates to business risk. Among other things, the myriad disclosures warn investors of risks related to unfavorable media coverage… more
Gurus unaudited
Facebook’s IPO is truly special
Speaking as someone who’s been engaged with tons of IPO filings, Facebook’s was the most interesting S-1 read ever. IPOs, in general, typically provide a high-energy, exciting, positive environment, but this one is special—the theme… more
New COSO Framework improves guidance, provides focus; update processes now
The Committee of Sponsoring Organizations of the Treadway Commission (COSO) recently released for comment a draft 2012 Internal Control—Integrated Framework. The 2012 framework, expected to be released later this year, addresses changes in the globalization… more
Make 2012 your best year ever
The new year is traditionally a time of looking forward and reflecting on changes you want to make in your life, taking stock of your current situation and setting new goals. The same concepts apply… more
Enforcement and executive comp top list at SEC conference
The economy must be picking up, judging by the attendance at last week’s 27th Annual Reporting and FASB forum put on by the SEC Institute. It was a packed house. The two-day seminar was not… more
RoseRyan guru elected to XBRL US committee
Congratulations to Lucy Lee for her recent election to XBRL US’s Domain Steering Committee. The committee’s primary goal is to oversee the development of taxonomies that meet the business reporting needs of key U.S. markets.… more
