Which of the following covers new or revised administrative practices and interpretations used by the SEC staff in reviewing financial statements?
A)Securities Exchange Act releases
B)Exchange Act industry guides
C)Accounting and Auditing Enforcement Releases
D)Staff Accounting Bulletins

Question

Quizplus · Accepted Answer

Staff Accounting Bulletins cover new or revised administrative practices and interpretations used by the SEC staff in reviewing financial statements. Securities Exchange Act releases provide guidance on specific topics related to the Securities Exchange Act of 1934, while Exchange Act industry guides provide industry-specific guidance. Accounting and Auditing Enforcement Releases pertain to specific enforcement actions taken by the SEC.

Which of the Following Covers New or Revised Administrative Practices