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The Securities and Exchange Commission releases Staff Accounting Bulletin (SAB) no. 103, Update of Codification of Staff Accounting Bulletins, after comprehensively removing obsolete material for the first time in more than 20 years (www.sec.gov/news/press/2003-61.htm). (Accounting).


* The Securities and Exchange Commission releases Staff Accounting Bulletin (SAB SAB Spontaneous abortion. See Abortion. ) no. 103, Update of Codification The collection and systematic arrangement, usually by subject, of the laws of a state or country, or the statutory provisions, rules, and regulations that govern a specific area or subject of law or practice.  of Staff Accounting Bulletins, after comprehensively removing obsolete OBSOLETE. This term is applied to those laws which have lost their efficacy, without being repealed,
     2. A positive statute, unrepealed, can never be repealed by non-user alone. 4 Yeates, Rep. 181; Id. 215; 1 Browne's Rep. Appx. 28; 13 Serg. & Rawle, 447.
 material for the first time in more than 20 years (www.sec.gov/news/press/2003-61.htm). In doing so, the commission laid the groundwork for its plan to eventually make the entire collection of SABs available on the SEC Web site.
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Publication:Journal of Accountancy
Date:Jul 1, 2003
Words:65
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