SEC UPDATE - SEC ISSUES STUDY ON THE ADOPTION OF A PRINCIPLES-BASED ACCOUNTING SYSTEM - The SEC staff describes an approach that would establish the objectives and the accounting model for the class of transactions within a framework that provides detail to make the standards operational.

REGULATORY UPDATE - Banking Agencies Develop Sound Risk Management Practices to Address Concentrations in Commercial Real Estate Lending - The new guidance reinforces and enhances rules for real estate lending and loan portfolio management in light of changes in institutions' lending activities.

Fitzsimons, Adrian P., (2007)

AUDITING - SEC ADOPTS NEW AUDIT COMMITTEE DISCLOSURES - New SEC rules aim to clarify procedures for the operation of the audit committee and emphasize, via new disclosures, the audit committee's critical role

Fitzsimons, Adrian P., (2000)

SEC REQUIREMENTS - STAFF ACCOUNTING BULLETIN ADDRESSES CONCEPT OF MATERIALITY IN FINANCIAL STATEMENTS - In SAB No 99, the SEC staff emphasizes that quantitative assessments are not the only determination of materiality

Elifoglu, I.Hilmi, (2000)