Sunday, March 16, 2008 Barbara Roper, director of investor protection for the Consumer Federation of America, contends that the suggested changes to the Securities and Exchange Commission's nearly 10-year-old materiality guidance — which companies rely on to calculate an error's effect on financial statements — will likely reduce transparency and encourage "shoddy practices" by unscrupulous companies. Proposed Restatement Guidelines Draw Investor Alarm Labels: restatement, SEC (Securities and Exchange Commission) Previous articles Syms and the Future of Sarbanes-Oxley
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