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ARTICLE · 22 NOVEMBER 2012

On The Horizon - November 6, 2012

Grant Thornton LLP
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The Securities and Exchange Commission announced that it is preparing relief measures that include extending filing deadlines for individuals and entities with filing obligations that have been affected by Hurricane Sandy and its aftermath.

United StatesAccounting and Audit
Grant Thornton'S Audit Practice Group
Grant Thornton'S Audit Practice Group
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Current reporting issue

SEC provides assistance to filers affected by Hurricane Sandy

The Securities and Exchange Commission announced that it is preparing relief measures that include extending filing deadlines for individuals and entities with filing obligations that have been affected by Hurricane Sandy and its aftermath. It is anticipated that filing deadlines for any filing due from October 29 to November 20, 2012 will be extended to November 21, 2012. The Divisions of Corporation Finance and Investment Management will also consider requests for additional relief on a case-by-case basis.

FASB

All decisions reached at Board meetings are tentative and may be changed at future meetings. Decisions are included in an Exposure Draft only after a formal written ballot. Decisions reflected in Exposure Drafts are often changed in redeliberations by the Board based on information received in comment letters, at public roundtable discussions, and from other

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