News & Analysis as of

Form 8-K Securities and Exchange Commission (SEC) Accounting

Cooley LLP

SEC charges UPS with failure to take goodwill impairment charge require by GAAP

Cooley LLP on

Last week, the SEC announced settled charges against United Parcel Service Inc. for failing to take an appropriate goodwill impairment charge for a poorly performing business unit, thus materially misrepresenting its...more

Stinson - Corporate & Securities Law Blog

SEC Guidance on Accounting for the Tax Cuts and Jobs Act and Form 8-K Obligations

As Christmas Eve approached with vacations and holiday shopping in full swing, President Trump signed the Tax Cut and Jobs Act and the SEC promptly issued guidance to public companies on related accounting matters. Perhaps...more

Skadden, Arps, Slate, Meagher & Flom LLP

SEC Issues Staff Guidance on Tax Act’s Accounting Impact

The SEC staff released the following statement on December 22, 2017. We will monitor this guidance and provide any relevant updates. The Securities and Exchange Commission today announced publication of staff guidance for...more

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