What the SEC’s proposed amendments could mean for you
The SEC’s proposed filer status amendments could change how thousands of public companies are classified, with potential implications for reporting requirements, internal controls, governance and compliance obligations.
The proposal would increase the large accelerated filer threshold and simplify the filer status framework, potentially changing reporting requirements for many public companies.
Organizations near the proposed thresholds are already evaluating how these changes could affect their business, where they could create opportunities for relief or simplification, and what steps may be worth considering while the proposal continues through the rulemaking process.
Why public companies are evaluating this now
Reporting
Evaluate potential impacts to SEC reporting requirements.
Controls
Assess implications for SOX and internal controls.
Governance
Understand considerations for boards and audit committees.
Planning
Prepare for multiple regulatory outcomes.
Readiness
Develop a flexible action plan as the proposal evolves.
Join us and get ahead of the SEC filer status changes
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Audit Growth Leader, Grant Thornton LLP
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Grant Thornton Advisors LLC
Mike serves as the national Audit & Assurance client experience leader and is the Charlotte market managing partner at Grant Thornton.
Charlotte, North Carolina
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Controls Advisory Solution Leader, Grant Thornton LLP
Market Managing Partner, San Jose, Grant Thornton Advisors LLC
Partner – National Finance Modernization Lead
Grant Thornton Advisors LLC
Mike Hennessey is a Partner in the Business Consulting practice of Grant Thornton located in Charlotte, NC.
Charlotte, North Carolina
Industries
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Service Experience
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