Lawyer Blog

Accounting problems from practices such as the backdating of stock options make it difficult for companies to get auditors to sign off on their financial statements, which may result in a failure to meet SEC reporting deadlines. And late SEC filings may trigger default provisions under loan agreements and a host of other problems. For one example, consider BearingPoint’s recent troubles. Here are some suggestions for avoiding, or at least alleviating, the pain of late SEC filings.

Popularity: 2% [?]

Accounting problems from practices such as the backdating of stock options make it difficult for companies to get auditors to sign off on their financial statements, which may result in a failure to meet SEC reporting deadlines. And late SEC filings may trigger default provisions under loan agreements and a host of other problems. For one example, consider BearingPoint’s recent troubles. Here are some suggestions for avoiding, or at least alleviating, the pain of late SEC filings.

Popularity: 1% [?]