Public companies have begun filing their first set of reports on so-called “conflict minerals” with the Securities and Exchange Commission to meet a deadline Monday, but advocacy groups are finding the reports are not providing much information so far.
The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 included a provision requiring public companies to file reports on the use of materials such as tin, gold, tungsten and tantalum to help determine whether their mineral purchases might inadvertently be funding armed groups in the Democratic Republic of the Congo and surrounding countries in war-torn Africa.
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access