Recent Developments at the Securities and Exchange Commission: Academic Contributions and Opportunities

Bjørn N. Jørgensen; Cheryl L.   Linthicum; Andrew J.  McLelland; Mark H.  Taylor; Teri Lombardi Yohn

doi:10.2308/acch.2007.21.3.313

Recent Developments at the Securities and Exchange Commission: Academic Contributions and Opportunities

Bjørn N. Jørgensen, Cheryl L. Linthicum, Andrew J. McLelland, Mark H. Taylor, Teri Lombardi Yohn

Publikation: Bidrag til tidsskrift › Tidsskriftartikel › Forskning › peer review

Abstract

In recent years, the Securities and Exchange Commission (SEC) has grown in size and scope. The implementation of Sarbanes‐Oxley (SOX) and the globalization of accounting standards have increased the SEC's workload and brought forth important questions regarding the development and application of accounting and auditing standard setting and regulation. This paper identifies key issues of importance to the SEC including record levels of restatements, SOX implementation, the backdating of stock options, increased use of fair‐values in financial reporting, adoption of IFRS by numerous non‐U.S. registrants, and foreign deregistration. The article highlights the contribution of academic research as it relates to SEC speeches and rulemaking, drawing upon experience of 2005–2006 SEC academic fellows.

Originalsprog	Dansk
Tidsskrift	Accounting Horizons
Vol/bind	21
Udgave nummer	3
Sider (fra-til)	313-323
Antal sider	11
ISSN	0888-7993
DOI	https://doi.org/10.2308/acch.2007.21.3.313
Status	Udgivet - 2007
Udgivet eksternt	Ja

Adgang til dokumentet

10.2308/acch.2007.21.3.313Licens: Ikke-specificeret

Handle.net

Persistent link

Citationsformater

@article{5ab5c88735f645abaeade065154258bb,

title = "Recent Developments at the Securities and Exchange Commission: Academic Contributions and Opportunities",

abstract = "In recent years, the Securities and Exchange Commission (SEC) has grown in size and scope. The implementation of Sarbanes‐Oxley (SOX) and the globalization of accounting standards have increased the SEC's workload and brought forth important questions regarding the development and application of accounting and auditing standard setting and regulation. This paper identifies key issues of importance to the SEC including record levels of restatements, SOX implementation, the backdating of stock options, increased use of fair‐values in financial reporting, adoption of IFRS by numerous non‐U.S. registrants, and foreign deregistration. The article highlights the contribution of academic research as it relates to SEC speeches and rulemaking, drawing upon experience of 2005–2006 SEC academic fellows.",

author = "J{\o}rgensen, {Bj{\o}rn N.} and Linthicum, {Cheryl L.} and McLelland, {Andrew J.} and Taylor, {Mark H.} and Yohn, {Teri Lombardi}",

year = "2007",

doi = "10.2308/acch.2007.21.3.313",

language = "Dansk",

volume = "21",

pages = "313--323",

journal = "Accounting Horizons",

issn = "0888-7993",

publisher = "American Accounting Association",

number = "3",

}

TY - JOUR

T1 - Recent Developments at the Securities and Exchange Commission

T2 - Academic Contributions and Opportunities

AU - Jørgensen, Bjørn N.

AU - Linthicum, Cheryl L.

AU - McLelland, Andrew J.

AU - Taylor, Mark H.

AU - Yohn, Teri Lombardi

PY - 2007

Y1 - 2007

N2 - In recent years, the Securities and Exchange Commission (SEC) has grown in size and scope. The implementation of Sarbanes‐Oxley (SOX) and the globalization of accounting standards have increased the SEC's workload and brought forth important questions regarding the development and application of accounting and auditing standard setting and regulation. This paper identifies key issues of importance to the SEC including record levels of restatements, SOX implementation, the backdating of stock options, increased use of fair‐values in financial reporting, adoption of IFRS by numerous non‐U.S. registrants, and foreign deregistration. The article highlights the contribution of academic research as it relates to SEC speeches and rulemaking, drawing upon experience of 2005–2006 SEC academic fellows.

AB - In recent years, the Securities and Exchange Commission (SEC) has grown in size and scope. The implementation of Sarbanes‐Oxley (SOX) and the globalization of accounting standards have increased the SEC's workload and brought forth important questions regarding the development and application of accounting and auditing standard setting and regulation. This paper identifies key issues of importance to the SEC including record levels of restatements, SOX implementation, the backdating of stock options, increased use of fair‐values in financial reporting, adoption of IFRS by numerous non‐U.S. registrants, and foreign deregistration. The article highlights the contribution of academic research as it relates to SEC speeches and rulemaking, drawing upon experience of 2005–2006 SEC academic fellows.

U2 - 10.2308/acch.2007.21.3.313

DO - 10.2308/acch.2007.21.3.313

M3 - Tidsskriftartikel

SN - 0888-7993

VL - 21

SP - 313

EP - 323

JO - Accounting Horizons

JF - Accounting Horizons

IS - 3

ER -