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Accountants are supposed to enforce disclosure of all liabilities, but many have become expert in the concealment of risk.
DaimlerChrysler and Porsche say they will hold out for non-disclosure, but the government has threatened to enforce disclosure by law if companies do not do it voluntarily.The issue is now at the forefront of the corporate-governance agenda.
However, if the SEC were to enforce disclosure rules in the area of security, companies would have a real incentive to take action.
At the state level, these models are used by the North Carolina Lead Poisoning Prevention Program (2008) to recruit property owners into the North Carolina Preventive Maintenance Program (North Carolina Childhood Lead Poisoning Prevention Program 2008) and to enforce disclosure provisions of the federal Title X, Residential Lead-Based Paint Hazard Reduction Act of 1992.
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Many school staff complying with newly enforced disclosure requirements – more than 300, according to the union Unison – have been suspended from their jobs.
But questions remain over how stringently the FRA actually enforces disclosure requirements.
I truly believe that the authors of scientific manuscripts should disclose relevant conflicts of interest, and I support enforcing disclosure by appropriate means.
While the SEC uses US GAAP to help enforce the disclosure of material financial information, until now, there have been no accounting standards for the disclosure of material sustainability information.
Legislation seems to be the only way to enforce mandatory disclosure of results.
While the S.E.C. proposed rules to enforce the disclosure requirements, it was supposed to complete the regulations about three months ago.
Based on the observations on the equity crowdfunding practice, many Chinese researchers proposed that the Chinese government should strengthen the regulation on crowdfunding websites, introduce investor qualification management, enforce information disclosure, protect the interests of investors, and lift regulatory restrictions on crowdfunding.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com