Stinson Leonard Street Dodd Frank

MAKING SENSE OF DODD-FRANK

The Dodd-Frank Act has broad and deep implications that will touch every corner of financial services and multiple other industries. This site, developed and maintained by attorneys at Stinson Leonard Street, is dedicated to making sense of this complex legislation and helping businesses understand how it will affect them specifically. Our Bloggers »

Dodd-Frank Public Companies and Securities

Revenue Recognition Representations for M&A and Underwriting Agreements

Public Companies and Securities Some have suggested that the FASB’s new revenue recognition standard will result in particularized representations in M&A, underwriting and loan documents. It’s easy to argue it’s not necessary and is covered by the standard representation such as “The Financial Statements have been prepared in accordance with GAAP applied on a consistent basis throughout the period […] Read more →

by   |   June 19, 2017

Faulty New Computer System Results in SEC Bringing MD&A Related Charges

Litigation, Public Companies and Securities The SEC recently brought charges against the CEO and CFO of UTi Worldwide Inc. in a settled enforcement proceeding.  The Company was engaged in multinational freight forwarding... Read more →

by   |   June 16, 2017

PCAOB Approves Expanded Auditor’s Report to Require Communication of Critical Audit Matters

Public Companies and Securities The Public Company Accounting Oversight Board adopted a new auditor reporting standard that will require more information about the audit. The new standard is subject to SEC... Read more →

by   |   June 1, 2017

Early Revenue Recognition Adopters Provide Some Guidance on MD&A Disclosures

Public Companies and Securities I recently wrote a blog on considerations for MD&A disclosures on adoption of the new revenue recognition standard. After learning a few Form 10-Qs had been filed by early... Read more →

by   |   June 1, 2017