The Securities and Exchange Commission plans to hold its inaugural roundtable in the Financial Reporting Series on “Measurement Uncertainty in Financial Reporting.”

The roundtable will be held on November 8 and is the first in a series aimed at proactively helping identify risks and potential improvements in the financial information provided to investors. The initial roundtable will examine the extent to which financial reporting should include measurement uncertainties, and the information that investors find important to understanding and assessing those uncertainties.

"We want to consider whether the right balance has been struck to provide investors with useful information," SEC Chief Accountant James Kroeker said in a statement. "This roundtable discussion will provide us with an opportunity to hear directly from investors about the challenges in understanding the types of uncertainties included in financial reports."

The roundtable will feature three panels offering the views of investors, financial statement preparers, and auditors. The chairs of the Financial Accounting Standards Board and the Public Company Accounting Oversight Board will attend as observers. A final agenda and list of participants will be published closer to the event date.

The roundtable will begin at 10 a.m. in the multipurpose room at the SEC's headquarters at 100 F Street, N.E., Washington, D.C. It is open to the public with seating on a first-come, first-served basis, and also may be viewed via a live webcast on the SEC website.

A briefing paper highlighting the issues to be considered at the roundtable is available at The SEC staff is also welcoming comments on the issues to be addressed and suggestions for potential participants at the roundtable.

Use the SEC's Internet comment form or send an e-mail to Include File Number 4-640 in the subject line.

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