At the recent 2024 AICPA & CIMA Conference on Banks & Savings Institutions, Stephanie Sullivan, associate chief accountant of the Division of Corporation Finance (Corp Fin), discussed the SEC’s expectations for more detailed and disaggregated disclosures on material risk concentrations as well as several other focus areas for upcoming reviews. The remarks reinforce themes from SEC comments and speeches made in April and June. Here is what you should consider for upcoming regulatory filings.
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