Proposed Collection; Comment Request, 26444 [E9-12719]
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26444
Federal Register / Vol. 74, No. 104 / Tuesday, June 2, 2009 / Notices
Disbursement Center, 14925 Kingsport
Road, Fort Worth, TX 76155.
FOR FURTHER INFORMATION CONTACT: A.
Escobar, Office of Disaster Assistance,
U.S. Small Business Administration,
409 3rd Street, SW., Suite 6050,
Washington, DC 20416.
SUPPLEMENTARY INFORMATION: The notice
of the Presidential disaster declaration
for the State of GEORGIA, dated 04/23/
2009 is hereby amended to include the
following areas as adversely affected by
the disaster:
Primary Counties: (Physical Damage
and Economic Injury Loans):
Baker, Early.
Contiguous Counties: (Economic Injury
Loans Only):
Alabama: Henry, Houston.
Georgia: Clay.
All other information in the original
declaration remains unchanged.
(Catalog of Federal Domestic Assistance
Numbers 59002 and 59008).
Roger B. Garland,
Acting Associate Administrator for Disaster
Assistance.
[FR Doc. E9–12723 Filed 6–1–09; 8:45 am]
BILLING CODE 8025–01–P
SECURITIES AND EXCHANGE
COMMISSION
Proposed Collection; Comment
Request
Upon Written Request, Copies Available
From: Securities and Exchange
Commission, Office of Investor
Education and Advocacy,
Washington, DC 20549–0213.
Extension:
Form 11–K; OMB Control No. 3235–0082;
SEC File No. 270–101.
Notice is hereby given that, pursuant
to the Paperwork Reduction Act of 1995
(44 U.S.C. 3501 et seq.), the Securities
and Exchange Commission
(‘‘Commission’’) is soliciting comments
on the collection of information
summarized below. The Commission
plans to submit this existing collection
of information to the Office of
Management and Budget for extension
and approval.
Form 11–K (17 CFR 249.311) is the
annual report designed for use by
employee stock purchase, savings and
similar plans to comply with the
reporting requirements under Section
15(d) of the Securities and Exchange Act
of 1934 (the ‘‘Exchange Act’’) (15 U.S.C.
78o(d)). Section 15(d) establishes a
periodic reporting obligation for every
issuer of a class of securities registered
under the Securities Act of 1933 (the
VerDate Nov<24>2008
16:43 Jun 01, 2009
Jkt 217001
‘‘Securities Act’’) (15 U.S.C. 77a et seq.).
Form 11–K provides employees of an
issuer with financial information so that
they can assess the performance of the
investment vehicle or stock plan. Form
11–K takes approximately 30 burden
hours per response and is filed by 2,000
respondents for total of 60,000 burden
hours.
Written comments are invited on: (a)
Whether this proposed collection of
information is necessary for the proper
performance of the functions of the
agency, including whether the
information will have practical utility;
(b) the accuracy of the agency’s estimate
of the burden imposed by the collection
of information; (c) ways to enhance the
quality, utility, and clarity of the
information collected; and (d) ways to
minimize the burden of the collections
of information on respondents,
including through the use of automated
collection techniques or other forms of
information technology. Consideration
will be given to comments and
suggestions submitted in writing within
60 days of this publication.
Please direct your written comments
to Charles Boucher/CIO, Securities and
Exchange Commission, C/O Shirley
Martinson, 6432 General Green Way,
Alexandria, Virginia 22312, or send an
e-mail to: PRA_Mailbox@sec.gov.
Dated: May 26, 2009.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. E9–12719 Filed 6–1–09; 8:45 am]
BILLING CODE 8010–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–59991; File No. PCAOB–
2008–06]
Public Company Accounting Oversight
Board; Order Approving Proposed
Amendment to Board Rules Relating to
Inspections
May 28, 2009.
I. Introduction
On December 9, 2008, the Public
Company Accounting Oversight Board
(the ‘‘Board’’ or the ‘‘PCAOB’’) filed
with the Securities and Exchange
Commission (the ‘‘Commission’’) a
proposed rule amendment (PCAOB–
2008–06) pursuant to Section 107(b) of
the Sarbanes-Oxley Act of 2002 (the
‘‘Act’’) relating to the Board’s rules
governing inspections of registered
public accounting firms. Notice of the
proposed rule amendment was
published in the Federal Register on
PO 00000
Frm 00084
Fmt 4703
Sfmt 4703
April 24, 2009.1 The Commission
received four comment letters relating to
the proposed rule amendment. For the
reasons discussed below, the
Commission is granting approval of the
proposed rule amendment.
II. Description
On December 9, 2008, the PCAOB
submitted to the Commission a
proposed amendment to its inspection
rules to adjust the inspection frequency
requirements for certain non-U.S.
registered public accounting firms. The
proposed amendment would add
paragraph (f) to existing Rule 4003 to
provide that, with respect to any foreign
registered public accounting firm that
under the Board’s inspection rules had
a 2008 deadline for the first Board
inspection, such deadline would be
extended to 2009. Pursuant to the
requirements of Section 107(b) of the
Act and Section 19(b) of the Securities
Exchange Act of 1934 (the ‘‘Exchange
Act’’), the Commission published the
proposed amendment for public
comment on April 20, 2009.
III. Discussion
Section 104 of the Act requires the
PCAOB to conduct a continuing
program of inspections to assess the
degree of compliance of each registered
public accounting firm and associated
persons of that firm with the Act, the
rules of the PCAOB, the rules of the
Commission, and professional
standards, in connection with its
performance of audits, issuance of audit
reports, and related matters involving
issuers. Section 104(b)(1)(B) of the Act
requires the PCAOB to conduct an
inspection, at least once every three
years, of each registered firm that
regularly provides audit reports for 100
or fewer issuers, and Section 104(b)(2)
of the Act authorizes the PCAOB to
adopt rules adjusting that frequency.
The Commission received four
comment letters relating to the proposed
rule amendment. Three of the comments
came from registered public accounting
firms 2 and one came from a foreign
regulator.3 The letters from the
accounting firms supported adoption of
the amendment, although one
questioned whether a one-year delay
provided sufficient time for resolution
of the issues related to the affected
inspections. While not specifically
related to the proposed amendment, all
of the commenters also reiterated views
1 See SEC Release No. 34–59792 (April 20, 2009);
74 FR 18753 (April 24, 2009).
2 Deloitte Touche Tohmatsu;
PricewaterhouseCoopers LLP; and Ernst & Young
LLP.
3 China Securities Regulatory Commission.
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02JNN1
]]>Agencies
[Federal Register Volume 74, Number 104 (Tuesday, June 2, 2009)]
[Notices]
[Page 26444]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-12719]
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SECURITIES AND EXCHANGE COMMISSION
Proposed Collection; Comment Request
Upon Written Request, Copies Available From: Securities and Exchange
Commission, Office of Investor Education and Advocacy, Washington, DC
20549-0213.
Extension:
Form 11-K; OMB Control No. 3235-0082; SEC File No. 270-101.
Notice is hereby given that, pursuant to the Paperwork Reduction
Act of 1995 (44 U.S.C. 3501 et seq.), the Securities and Exchange
Commission (``Commission'') is soliciting comments on the collection of
information summarized below. The Commission plans to submit this
existing collection of information to the Office of Management and
Budget for extension and approval.
Form 11-K (17 CFR 249.311) is the annual report designed for use by
employee stock purchase, savings and similar plans to comply with the
reporting requirements under Section 15(d) of the Securities and
Exchange Act of 1934 (the ``Exchange Act'') (15 U.S.C. 78o(d)). Section
15(d) establishes a periodic reporting obligation for every issuer of a
class of securities registered under the Securities Act of 1933 (the
``Securities Act'') (15 U.S.C. 77a et seq.). Form 11-K provides
employees of an issuer with financial information so that they can
assess the performance of the investment vehicle or stock plan. Form
11-K takes approximately 30 burden hours per response and is filed by
2,000 respondents for total of 60,000 burden hours.
Written comments are invited on: (a) Whether this proposed
collection of information is necessary for the proper performance of
the functions of the agency, including whether the information will
have practical utility; (b) the accuracy of the agency's estimate of
the burden imposed by the collection of information; (c) ways to
enhance the quality, utility, and clarity of the information collected;
and (d) ways to minimize the burden of the collections of information
on respondents, including through the use of automated collection
techniques or other forms of information technology. Consideration will
be given to comments and suggestions submitted in writing within 60
days of this publication.
Please direct your written comments to Charles Boucher/CIO,
Securities and Exchange Commission, C/O Shirley Martinson, 6432 General
Green Way, Alexandria, Virginia 22312, or send an e-mail to: PRA_Mailbox@sec.gov.
Dated: May 26, 2009.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. E9-12719 Filed 6-1-09; 8:45 am]
BILLING CODE 8010-01-P
