CFO Beyond-GAAP Briefing: Forward-Looking Information

Recent changes to Canadian securities laws emphasize the importance of exercising appropriate due diligence when disclosing forward-looking information. Many public companies have revised forward-looking information disclosure practices to take advantage of the safe-harbour provisions in civil liability legislation. Similar practices are now required for all material forward-looking disclosures. (Find out more in CFO Beyond-GAAP Briefing: Forward-Looking Information.)

FEI establishes Corporate Roundtable on International Financial Reporting

Financial Executives International (FEI) has announced the formation of a new national coalition, the Corporate Roundtable on International Financial Reporting (CRIFR). It will provide a forum for companies of all sizes to discuss business issues related to the promulgation, implementation and convergence of International Financial Reporting Standards (IFRS) by US companies. (Read the FEI Press Release.)

SEC hosts roundtable on Interactive Data

The US Securities and Exchange Commission is hosting an International Roundtable on Interactive Data for Public Financial Reporting on June 10, 2008. The Roundtable follows the issuance on May 30, 2008, of a Proposed Rule on Interactive Data to Improve Financial Reporting. (Read the SEC Press Release.)