Staff Accounting Bulletin (SAB)

Staff Accounting Bulletins (SABs) are guidance documents issued by the U.S. Securities and Exchange Commission (SEC) to clarify how companies should apply accounting principles and reporting standards. They help ensure consistency and transparency in financial reporting, especially regarding complex areas. SABs address various topics, including revenue recognition, financial disclosures, and other accounting practices, providing insights on the SEC's views. While not legally binding, they are important for companies to align their accounting practices with regulatory expectations and to maintain investor trust.