Division of Corporation Finance:
Other Accounting & Financial Reporting Guidance

In December 2006, the Division of Corporation Finance responded to inquiries from several public companies requesting filing guidance as they prepare to restate previously issued financial statements for errors in accounting for stock option grants. The following illustrative letter provides information for registrants to consider as they prepare reports to be filed with the Commission to correct errors in accounting for stock option grants.

The following letter was sent in February 2005 by the Division of Corporation Finance to registrants identified as being engaged in oil and gas operations.

The following letter was sent in April 2004 by the Division of Corporation Finance to registrants with oil and gas operations in the Gulf of Mexico

The following letter was sent in February 2004 by the Division of Corporation Finance to registrants identified as being primarily engaged in the production of oil and gas. All registrants with subsidiaries or operations engaged in the production of oil and gas should consider this letter in the preparation of their filings with the Commission.

The following letter on was sent on February 22, 2001 to registrants identified as being primarily coal mine owners or operators. All registrants with coal mining subsidiaries or operations should consider this letter in the preparation of their filings with the Commission.

In January 1999, the Division of Corporation Finance sent letters to public companies expected to be preparing their Annual Reports on Form 10-K to remind them of disclosures applicable to asset write-downs, restructuring activities, acquired in-process research and development and similar issues. The companies receiving the letter were selected based on news reports of significant charges they had taken in 1998. These letters are reproduced at this web site for the consideration of all registrants as they prepare reports to be filed with the Commission.