---
title: Audit, Compliance and Risk Blog | STP | JOBS Act
description: JOBS Act | STP's blog giving insight into audit, compliance and risk issues for EHS, business and accounting.
---

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# Audit, Compliance and Risk Blog

## [Securities and Exchange Commission Roundup 2013](https://blog.stpub.com/bid/193030/Securities-and-Exchange-Commission-Roundup-2013)

 Posted by [Jon Elliott](https://blog.stpub.com/author/jon-elliott) on Fri, Jan 24, 2014

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[![](https://blog.stpub.com/hs-fs/file-476033510-jpg/images/wall_street_2.jpg) ](https://blog.stpub.com/bid/193030/Securities-and-Exchange-Commission-Roundup-2013)

For the second year running, [SEC activities](http://www.stpub.com/securities-aw-a-guide-to-the-1933-and-1934-acts-and-their-amendments-including-sarbanes-oxley-and-dodd-frank-online) during 2013 were dominated by its efforts to issue rules required by two major pieces of recent legislation:

[Read More](https://blog.stpub.com/bid/193030/Securities-and-Exchange-Commission-Roundup-2013)

 0 Comments [Click here to read/write comments](https://blog.stpub.com/bid/193030/Securities-and-Exchange-Commission-Roundup-2013#comments-listing)

 Tags: [Corporate Governance](https://blog.stpub.com/topic/corporate-governance), [Business & Legal](https://blog.stpub.com/topic/business-legal), [SEC](https://blog.stpub.com/topic/sec), [Employer Best Practices](https://blog.stpub.com/topic/employer-best-practices), [Accounting & Tax](https://blog.stpub.com/topic/accounting-tax), [Accountants](https://blog.stpub.com/topic/accountants), [JOBS Act](https://blog.stpub.com/topic/jobs-act)

## [SEC Proposes Crowdfunding Rules for Private Securities Offerings](https://blog.stpub.com/bid/189578/SEC-Proposes-Crowdfunding-Rules-for-Private-Securities-Offerings)

 Posted by [Jon Elliott](https://blog.stpub.com/author/jon-elliott) on Wed, Nov 06, 2013

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[![](https://blog.stpub.com/hs-fs/file-370986837-jpg/images/crowd_funding_cropped.jpg) ](https://blog.stpub.com/bid/189578/SEC-Proposes-Crowdfunding-Rules-for-Private-Securities-Offerings)

[Read More](https://blog.stpub.com/bid/189578/SEC-Proposes-Crowdfunding-Rules-for-Private-Securities-Offerings)

 0 Comments [Click here to read/write comments](https://blog.stpub.com/bid/189578/SEC-Proposes-Crowdfunding-Rules-for-Private-Securities-Offerings#comments-listing)

 Tags: [Corporate Governance](https://blog.stpub.com/topic/corporate-governance), [Business & Legal](https://blog.stpub.com/topic/business-legal), [SEC](https://blog.stpub.com/topic/sec), [JOBS Act](https://blog.stpub.com/topic/jobs-act)

## [2012 Roundup: Securities and Exchange Commission](https://blog.stpub.com/bid/168349/2012-Roundup-Securities-and-Exchange-Commission)

 Posted by [Jon Elliott](https://blog.stpub.com/author/jon-elliott) on Mon, Jan 14, 2013

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[![](https://blog.stpub.com/hs-fs/file-17064454-jpg/images/sec.jpg) ](https://blog.stpub.com/bid/168349/2012-Roundup-Securities-and-Exchange-Commission)

SEC activities during 2012 have been dominated by its efforts to issue rules required by two major pieces of recent legislation:

[Read More](https://blog.stpub.com/bid/168349/2012-Roundup-Securities-and-Exchange-Commission)

 0 Comments [Click here to read/write comments](https://blog.stpub.com/bid/168349/2012-Roundup-Securities-and-Exchange-Commission#comments-listing)

 Tags: [Corporate Governance](https://blog.stpub.com/topic/corporate-governance), [SEC](https://blog.stpub.com/topic/sec), [Audit Standards](https://blog.stpub.com/topic/audit-standards), [JOBS Act](https://blog.stpub.com/topic/jobs-act)

## [2012: A Year in Review for Accountants—Part 2, Auditing and SEC](https://blog.stpub.com/bid/168354/2012-A-Year-in-Review-for-Accountants-Part-2-Auditing-and-SEC)

 Posted by [Ron Pippin](https://blog.stpub.com/author/ron-pippin) on Fri, Jan 04, 2013

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[![](https://blog.stpub.com/hs-fs/file-17060538-jpg/images/ron_pippin_w_border.jpg) ](https://blog.stpub.com/bid/168354/2012-A-Year-in-Review-for-Accountants-Part-2-Auditing-and-SEC)

This is the second of two blog articles on 2012 changes in the literature frequently used by accountants. Previously, I covered accounting developments in the United States and internationally. This article covers developments affecting companies (registrants) subject to [Securities and Exchange Commission](http://www.stpub.com/SEC-Disclosures-Checklists-Including-Financial-Statement-MDA-and-Sarbanes-Oxley-Checklists_p_20.html) (SEC) oversight and auditing developments.

[Read More](https://blog.stpub.com/bid/168354/2012-A-Year-in-Review-for-Accountants-Part-2-Auditing-and-SEC)

 0 Comments [Click here to read/write comments](https://blog.stpub.com/bid/168354/2012-A-Year-in-Review-for-Accountants-Part-2-Auditing-and-SEC#comments-listing)

 Tags: [SEC](https://blog.stpub.com/topic/sec), [Accounting & Tax](https://blog.stpub.com/topic/accounting-tax), [Audit Standards](https://blog.stpub.com/topic/audit-standards), [Accountants](https://blog.stpub.com/topic/accountants), [JOBS Act](https://blog.stpub.com/topic/jobs-act), [US GAAP](https://blog.stpub.com/topic/us-gaap), [GAAP](https://blog.stpub.com/topic/gaap), [IFRS](https://blog.stpub.com/topic/ifrs), [Internal Control](https://blog.stpub.com/topic/internal-control)

## [Internal Control—An Updated Framework Coming](https://blog.stpub.com/bid/165989/Internal-Control-An-Updated-Framework-Coming)

 Posted by [Ron Pippin](https://blog.stpub.com/author/ron-pippin) on Fri, Nov 30, 2012

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[![](https://blog.stpub.com/hs-fs/file-17060538-jpg/images/ron_pippin_w_border.jpg) ](https://blog.stpub.com/bid/165989/Internal-Control-An-Updated-Framework-Coming)

Ever since the passage of the Sarbanes-Oxley Act of 2002 (SOX), the concept of internal control over financial reporting has taken on a new meaning. The U.S. Congress passed this legislation in part because of the failure of certain large companies, notably Enron and WorldCom, which met their demise in part because of real or perceived weaknesses in company internal control and less than adequate [corporate governance](http://www.stpub.com/publications-corporate-governance). SOX reinforces the concept that company management is responsible for establishing and maintaining an adequate internal control structure and robust procedures for financial reporting.

[Read More](https://blog.stpub.com/bid/165989/Internal-Control-An-Updated-Framework-Coming)

 0 Comments [Click here to read/write comments](https://blog.stpub.com/bid/165989/Internal-Control-An-Updated-Framework-Coming#comments-listing)

 Tags: [Corporate Governance](https://blog.stpub.com/topic/corporate-governance), [Business & Legal](https://blog.stpub.com/topic/business-legal), [SEC](https://blog.stpub.com/topic/sec), [Accounting & Tax](https://blog.stpub.com/topic/accounting-tax), [Accountants](https://blog.stpub.com/topic/accountants), [JOBS Act](https://blog.stpub.com/topic/jobs-act), [SOX](https://blog.stpub.com/topic/sox), [Internal Control](https://blog.stpub.com/topic/internal-control)

## [International Group Comments on SEC Non-decision on IFRS](https://blog.stpub.com/bid/162526/International-Group-Comments-on-SEC-Non-decision-on-IFRS)

 Posted by [Ron Pippin](https://blog.stpub.com/author/ron-pippin) on Fri, Oct 26, 2012

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[![](https://blog.stpub.com/hs-fs/file-17060538-jpg/images/ron_pippin_w_border.jpg) ](https://blog.stpub.com/bid/162526/International-Group-Comments-on-SEC-Non-decision-on-IFRS)

As discussed in my [prior blog item](https://blog.stpub.com/bid/150553/SEC-Staff-Punts-on-IFRS-Decision), the staff in the Securities and Exchange Commission (SEC) did not make a recommendation to the commissioners of the SEC on whether U.S. registrants should be required or permitted to use International Financial Reporting Standards (IFRS). I termed it a “punt.” On October 22, 2012, the IFRS Foundation staff published an 84-page analysis of this SEC staff report. In the press release announcing issuance of the IFRS Foundation staff report, Trustee Chairman Michel Prada observed that there are “no insurmountable obstacles for adoption of IFRS by the United States.”

[Read More](https://blog.stpub.com/bid/162526/International-Group-Comments-on-SEC-Non-decision-on-IFRS)

 0 Comments [Click here to read/write comments](https://blog.stpub.com/bid/162526/International-Group-Comments-on-SEC-Non-decision-on-IFRS#comments-listing)

 Tags: [Business & Legal](https://blog.stpub.com/topic/business-legal), [SEC](https://blog.stpub.com/topic/sec), [Accounting & Tax](https://blog.stpub.com/topic/accounting-tax), [JOBS Act](https://blog.stpub.com/topic/jobs-act), [GAAP](https://blog.stpub.com/topic/gaap), [IFRS](https://blog.stpub.com/topic/ifrs), [Decision on IFRS](https://blog.stpub.com/topic/decision-on-ifrs)

## [JOBS Act for Small Companies](https://blog.stpub.com/bid/138014/JOBS-Act-for-Small-Companies)

 Posted by [Jon Elliott](https://blog.stpub.com/author/jon-elliott) on Thu, May 10, 2012

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[![](https://blog.stpub.com/hs-fs/file-17041363-jpg/images/jon_f_elliott.jpg) ](https://blog.stpub.com/bid/138014/JOBS-Act-for-Small-Companies)

**Latest Congressional Action on Securities | JOBS Act Loosens Regulation on Smaller Companies**  Securities requirements in the United States tend to ebb and flow, so that a period of increasing restrictions is followed by a decade of loosening restrictions. Congress propels these changes as lawmakers respond to market needs and political tides. April 2012 marks the latest change, as the imaginatively named Jumpstart Our Business Startups Act (JOBS)* *introduces legislation that allows small companies *to grow* before having to register securities or stage an initial public offering (IPO). The JOBS Act also reduces reporting requirements for up to five years after an IPO. These opportunities include:

[Read More](https://blog.stpub.com/bid/138014/JOBS-Act-for-Small-Companies)

 0 Comments [Click here to read/write comments](https://blog.stpub.com/bid/138014/JOBS-Act-for-Small-Companies#comments-listing)

 Tags: [Corporate Governance](https://blog.stpub.com/topic/corporate-governance), [Business & Legal](https://blog.stpub.com/topic/business-legal), [SEC](https://blog.stpub.com/topic/sec), [JOBS Act](https://blog.stpub.com/topic/jobs-act), [SOX](https://blog.stpub.com/topic/sox), [IPO](https://blog.stpub.com/topic/ipo)

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