SEC Posts Sample Letter Outlining Requirements For Fair Value Disclosures In MD&A
March 27, 2008
FEI Summary

On March 27, 2008 the U.S. Securities and Exchange Commission (SEC) posted this "Sample Letter Sent to Public Companies on MD&A Disclosure Regarding the Application of SFAS 157 (Fair Value Measurements)."

As noted in the introduction to the letter: "In March 2008, the Division of Corporation Finance sent the following illustrative letter to certain public companies identifying a number of disclosure issues they may wish to consider in preparing Management's Discussion and Analysis for their upcoming quarterly reports on Form 10-Q."

Other summaries from:
KPMG

Prepared April 7, 2008 by Edith Orenstein, Director, Technical Policy Analysis, Financial Executives International (FEI). This summary does not represent FEI opinion unless specifically noted above.