3M Suspends Operations in Venezuela – On June 11, 2019, 3M reported that it had suspended its operations indefinitely in the troubled country. Significantly, 3M did not identify Venezuela as a risk factor in its last four years of SEC filings. 3M joins a host of other companies as indicated by the CompanyIQ® SEC EDGAR…
Uber filed its IPO prospectus on April 11, 2019. It is expected to start selling shares valued at up to $90 billion in the next two weeks. While one of the main stories to be revealed in the prospectus is that the company is losing close to $2 billion a year, there are also many…
Uber filed its IPO prospectus on April 11, 2019. It is expected to start selling shares valued at up to $90 billion in the next two weeks. While one of the main stories to be revealed in the prospectus is that the company is losing close to $2 billion a year, there are also many…
With SEC Comment Letter data from the CompanyIQ® databse, this report looks at ASC 606 compliance. There are nearly 600 codification references of ASC 606 (and related ASC 340-40) in over 430 comments covering a broad range of issues. Just over 180 unique Companies have engaged in a total of 225 conversations (i.e. a few…
Accounting changes triggered by the new FASB ASC 842 rule on lease liabilities and assets pose a potential risk to company SEC filings. Using our CompnayIQ® platform, MyLoGIQ has analyzed SEC filings over the past six months to understand how companies are reacting to this new accounting rule. In this report, you will find seven…
With data from the CompanyIQ® SEC EDGAR search tool, this study was performed by Connor Group to provide an overview of current disclosures made by large US-listed companies regarding the upcoming or recent adoption of ASC 606 Revenue from Contracts with Customers (or its IFRS equivalent, IFRS 15). This is our third disclosure study on…
A recent analysis of SEC filings, with data from the CompanyIQ® SEC EDGAR search platform, by EY and the Financial Executives Research Foundation (FERF) shows that many S&P 500 companies have taken notable steps voluntarily to improve their 10-Ks and annual reports. When considering improvements to your filings and financial statements, take a closer look…