Latham & Watkins, in collaboration with KPMG, has released 2023 guides to the financial statements required for US securities offerings. These companion guides provide US issuers and non-US issuers a roadmap to help navigate...more
1/23/2024
/ Acquisitions ,
Balance Sheets ,
Corporate Governance ,
Corporate Issuers ,
Disclosure Requirements ,
Financial Statements ,
Foreign Private Issuers ,
Form 8-K ,
GAAP ,
Internal Controls ,
MD&A Statements ,
Non-GAAP Financial Measures ,
Public Offerings ,
Publicly-Traded Companies ,
Rule 144A ,
Securities and Exchange Commission (SEC)
Latham & Watkins, in collaboration with KPMG, has released 2023 guides to the financial statements required for US securities offerings. These companion guides provide US issuers and non-US issuers a roadmap to help navigate...more
1/23/2024
/ Corporate Governance ,
Corporate Issuers ,
Disclosure Requirements ,
Financial Statements ,
Foreign Private Issuers ,
Form 8-K ,
GAAP ,
Internal Controls ,
MD&A Statements ,
Public Offerings ,
Publicly-Traded Companies ,
Rule 144A ,
Securities and Exchange Commission (SEC)
The FAQs offer practical advice for listed companies implementing compliant policies.
Key Points:
..By December 1, 2023, all companies listed on the NYSE or Nasdaq must adopt clawback policies that comply with listing...more
10/24/2023
/ C&DIs ,
Clawbacks ,
Corporate Governance ,
Disclosure Requirements ,
Executive Compensation ,
Foreign Private Issuers ,
Form 10-K ,
Form 20-F ,
Form 8-K ,
Policies and Procedures ,
Publicly-Traded Companies ,
Securities and Exchange Commission (SEC)
The proposed rules would require significant, detailed new climate-related disclosures in annual reports and prospectuses.
On March 21, 2022, by a 3-1 vote, the US Securities and Exchange Commission (the SEC or the...more
The most frequently asked question at all-hands meetings for a securities offering is “What financial statements will be needed?” The question seems simple enough. But the answer is rarely straightforward.
This User’s Guide...more
1/3/2022
/ Acquisitions ,
Audits ,
Corporate Governance ,
Disclosure Requirements ,
Emerging Growth Companies ,
Financial Statements ,
Foreign Issuers ,
Foreign Private Issuers ,
GAAP ,
Internal Controls ,
JOBS Act ,
MD&A Statements ,
Rule 144A ,
Securities and Exchange Commission (SEC) ,
Securities Regulation
The most frequently asked question at all-hands meetings for a securities offering is “What financial statements will be needed?” The question seems simple enough. But the answer is rarely straightforward.
This User’s...more
3/2/2021
/ Corporate Governance ,
Corporate Issuers ,
Disclosure Requirements ,
Financial Statements ,
Foreign Issuers ,
Foreign Private Issuers ,
GAAP ,
IFRS ,
MD&A Statements ,
Publicly-Traded Companies ,
Rule 144A ,
Securities and Exchange Commission (SEC)
The most frequently asked question at all-hands meetings for a securities offering is “What financial statements will be needed?” The question seems simple enough. But the answer is rarely straightforward.
This User’s...more
3/2/2021
/ Corporate Governance ,
Corporate Issuers ,
Disclosure Requirements ,
Financial Statements ,
Foreign Private Issuers ,
GAAP ,
MD&A Statements ,
Public Offerings ,
Publicly-Traded Companies ,
Rule 144A ,
Securities and Exchange Commission (SEC)
The most frequently asked question at all-hands meetings for a securities offering is “What financial statements will be needed?” The question seems simple enough. But the answer is rarely straightforward.
This User’s...more
1/13/2020
/ Acquisitions ,
Balance Sheets ,
Corporate Governance ,
Corporate Issuers ,
Disclosure Requirements ,
Emerging Growth Companies ,
Financial Statements ,
Foreign Private Issuers ,
Form 8-K ,
GAAP ,
Internal Controls ,
JOBS Act ,
MD&A Statements ,
Non-GAAP Financial Measures ,
Public Offerings ,
Publicly-Traded Companies ,
Regulation S-K ,
Regulation S-X ,
Regulatory Oversight ,
Rule 144A ,
Securities and Exchange Commission (SEC)
The most frequently asked question at all-hands meetings for a securities offering is “What financial statements will be needed?” The question seems simple enough. But the answer is rarely straightforward.
This User’s...more
1/13/2020
/ Acquisitions ,
Balance Sheets ,
Corporate Governance ,
Corporate Issuers ,
Disclosure Requirements ,
Emerging Growth Companies ,
Financial Statements ,
Foreign Private Issuers ,
Form 8-K ,
GAAP ,
Internal Controls ,
JOBS Act ,
MD&A Statements ,
Non-GAAP Financial Measures ,
Public Offerings ,
Publicly-Traded Companies ,
Regulation S-K ,
Regulation S-X ,
Regulatory Oversight ,
Rule 144A ,
Securities and Exchange Commission (SEC)
The most frequently asked question at all-hands meetings for a securities offering is “What financial statements will be needed?” The question seems simple enough. But the answer is rarely straightforward.
This User’s...more
1/9/2019
/ Corporate Governance ,
Corporate Issuers ,
Emerging Growth Companies ,
Financial Reporting ,
Financial Statements ,
Foreign Private Issuers ,
GAAP ,
IFRS ,
JOBS Act ,
Non-GAAP Financial Measures ,
Rule 144A ,
Securities and Exchange Commission (SEC)
The most frequently asked question at all-hands meetings for a securities offering is “What financial statements will be needed?” The question seems simple enough. But the answer is rarely straightforward.
This User’s...more
1/9/2019
/ Corporate Governance ,
Disclosure Requirements ,
Emerging Growth Companies ,
Financial Statements ,
Foreign Private Issuers ,
Form 8-K ,
GAAP ,
Internal Controls ,
JOBS Act ,
Non-GAAP Financial Measures ,
Publicly-Traded Companies ,
Rule 144A ,
Securities and Exchange Commission (SEC)
Our world-renowned expert on FPIs provides an exclusive look at Form 6-K reports.
Key Points:
..The simplicity of Form 6-K belies numerous interpretive questions that FPIs address on an ongoing basis.
..In practice,...more
The most frequently asked question at all-hands meetings for a securities offering is “What financial statements will be needed?” The question seems simple enough. But the answer is rarely straightforward.
This User’s...more
1/5/2018
/ Acquisition Agreements ,
Acquisitions ,
Financial Statements ,
Foreign Private Issuers ,
Form 8-K ,
GAAP ,
Non-GAAP Financial Measures ,
Offerings ,
Public Offerings ,
Rule 144A ,
Securities and Exchange Commission (SEC)
Developing a process for foreign private issuers to pursue frequently beneficial business opportunities.
Investors and regulators in the current corporate governance environment have increased their focus on companies’...more
The SEC will require IFRS filers to use XBRL starting in 2018.
Key Points -
FPIs using IFRS are subject to XBRL starting in 2018:
..XBRL filing is voluntary in 2017, and will be required for filings beginning...more
The SEC will require foreign private issuers that report in IFRS to submit XBRL financial statements for annual reports filed during 2018.
On March 1, 2017, the Securities and Exchange Commission (SEC) published a...more
Companies defined as “foreign private issuers” enjoy a number of important advantages under special SEC rules and accommodations.
Key Points:
..A company must pass one of two tests to qualify as an FPI....more
The most frequently asked question at all-hands meetings for a securities offering is “What financial statements will be needed?” The question seems simple enough. But the answer is rarely straightforward.
This User’s...more
Introduction -
The most frequently asked question at all-hands meetings for a securities offering is “What financial statements will be needed?” The question seems simple enough. But the answer is rarely...more
The most frequently asked question at all-hands meetings for a securities offering is “What financial statements will be needed?” The question seems simple enough. But the answer is rarely straightforward.
This User’s...more
1/20/2016
/ Emerging Growth Companies ,
Financial Reporting ,
Financial Statements ,
Foreign Private Issuers ,
Form 8-K ,
GAAP ,
Internal Controls ,
Non-GAAP Financial Measures ,
Public Offerings ,
Rule 144A ,
Securities and Exchange Commission (SEC)
The most frequently asked question at all-hands meetings for a securities offering is “What financial statements will be needed?” The question seems simple enough. But the answer is rarely straightforward.
This User’s...more