Has SEC's Y2K policy thrown materiality
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Urbancic, Frank; Sylvestre, Jeanne; Hsu, Ko
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Article
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1999
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John Wiley and Sons
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English
β 40 KB
A study of 280 companies implies that ad hoc actions by the Securities and Exchange Commission (SEC) on Year 2000 Problem (Y2K) disclosure virtually replaced the time-honored, established practice of using materiality as the basis for financial reporting.