SEC Rules and Regulations

The SEC's Integrated Disclosure System involving Regulation S-K and S-X can be daunting to understand and achieve compliance. In addition to SEC periodic reporting, defined as the 10-K (annual form) and 10-Q (quarterly form), public companies must interpret SEC rules and regulations to correctly file 8-Ks, proxy statements, registration statements, and various other forms. These are public documents that can come back to haunt a company from a legal standpoint to the extent disclosures were not timely, accurate or comprehensive.

Candela Solutions advises companies from an accounting and controls standpoint, not from a legal standpoint as we do not provide legal advice. Topics we advise on include:

• Regulation S-K and S-X requirements
• Comment letter process
• SEC hot buttons and recent enforcement actions
• Writing MD&As in Plain English
• Sarbanes - Oxley Act's impact on SEC reporting requirements
• How to properly complete Form 10-K and 10-Q for all types of filers
• Understanding materiality thresholds
• Understanding non-GAAP financial measures
• Understanding off-balance sheet disclosures
• The SEC's review process and how to prepare
• Designing and testing disclosure controls