US - SEC financial reporting issues facing smaller companies

During 2009 the US Public Company Accounting Oversight Board (PCAOB) hosted a series of Forums on Auditing in the Small Business Environment. At those Forums, the staff of the Division of Corporation Finance of the Securities and Exchange Commission (SEC) reviewed common financial reporting issues identified during their staff reviews of filings for smaller public companies. (View the SEC Staff Review of Common Financial Reporting Issues Facing Smaller Issuers (December 2009) and other SEC information for small businesses.)