Heads Up: SEC Issues Final Rule Requiring Resource Extraction Issuers to Disclose Certain Payments
Volume 19, Issue 25
This Heads Up discusses the SEC’s recently issued Final Rule Release No. 34-67717, Disclosure of Payments by Resource Extraction Issuers, which implements Section 1504 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Under the final rule, resource extraction issuers, subsidiaries of resource extraction issuers, and entities under the control of resource extraction issuers are required to disclose certain information about payments made to the U.S. federal government or foreign governments “for the purpose of commercial development of oil, natural gas, or minerals.”
To read the Heads Up, click the Download button above. For past issues of Heads Up, visit the archive.
Heads Up, as well as other information on accounting and financial disclosure, is also available on Technical Library. A subscription-based accounting research tool, Technical Library contains material from the Financial Accounting Standards Board (FASB), Emerging Issues Task Force (EITF), American Institute of Certified Public Accountants (AICPA), Securities and Exchange Commission (SEC), and International Accounting Standards Board (IASB) in addition to Deloitte’s own accounting and SEC manuals and other interpretive accounting and SEC guidance. Updated every business day, Technical Library has an intuitive design and navigation system that, together with its powerful search features, enable users to quickly locate information anytime, from any computer. Technical Library subscribers also receive Technically Speaking, the weekly publication that highlights recent additions to the library. In addition, subscribers have access to Deloitte Accounting Journal entries, which briefly summarize the newest developments in accounting standard setting.
Subscribe to receive Deloitte's Heads Up newsletters: