Tag: SEC
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Key Disclosure Considerations for Technology Companies Under New Segment Reporting Standards
Public technology companies are required to comply with the new segment reporting disclosure requirements by December 31, 2024, due to changes made by FASB in ASU 2023-07. The SEC staff has provided clarifications on segment performance measures. Resources, including a comprehensive Handbook, are available for companies to align with the updated standards. All public technology…
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Significant Investment in CEO Security by Leading Tech Giants
Leading tech companies such as Apple, Tesla, Google, and Meta are investing heavily in the security of their CEOs, as evidenced by SEC filings. Expenses include personal security and private travel arrangements, with costs reaching millions for top executives. This trend highlights the importance of safety in corporate governance amid rising risks for high-profile leaders.…