On-Demand   On-Demand Web Programs

Audit Committees and Financial Reporting 2015: Recent Developments and Current Issues

Released on: Jul. 7, 2015
Running Time: 06:07:09
CPE credit (NASBA Self-Study) is available by completing and passing the program’s CPE Review & Exam.

While this program offers CPE (NASBA) credit, it has expired for CLE credit in many states. Please check the credit calculator to the right. No CLE certificate will be issued if credit has expired in your state.

As we continue to see many new regulations from the SEC, PCAOB and financial institution regulators, we also continue to see numerous challenges emerge for the audit committee.  If you are a director or member of an audit committee, or if you advise audit committees, this program will help you understand what is required of the audit committee, and those who advise them, in this rapidly changing environment.  You will hear from an expert faculty of public company directors and audit committee members, lawyers and CPAs who advise audit committees, and government regulators who oversee the audit and financial reporting processes.  Each panel will offer practical advice based on real-world examples to give you the information and tools you need to successfully perform and meet the many challenges facing audit committees and boards today.

Lecture Topics [Total time 06:07:09]

Segments with an asterisk (*) are available only with the purchase of the entire program.
  • Opening Remarks and Introduction* [00:04:33]
    Catherine L. Bromilow, Linda L. Griggs, John F. Olson
  • SEC Developments You Need to Know About [00:58:44]
    John F. Olson, James L. Kroeker, Mark Kronforst, Donald T. Nicolaisen, Joseph B. Ucuzoglu
  • PCAOB Developments: What’s Happening in the Auditing Arena? [01:01:08]
    Linda L. Griggs, Hon. Mary K. Bush, J. Michael Cook, Jay D. Hanson, Joseph B. Ucuzoglu, John F. Olson
  • Evolving Expectations for Audit Committees, including Audit Committee and Company Communications [01:02:56]
    Linda L. Griggs, Hon. Mary K. Bush, J. Michael Cook, Jay D. Hanson, John F. Olson, Joseph B. Ucuzoglu
  • Financial Reporting Developments: What Audit Committees Need to Know [01:04:19]
    Catherine L. Bromilow, Linda L. Griggs, James L. Kroeker, Donald T. Nicolaisen, Joseph B. Ucuzoglu, Glen Davison
  • Risk Management & Compliance: What Audit Committees Need To Know [00:54:34]
    Catherine L. Bromilow, Debra Wong Yang, Michael R. Young
  • Evolving Ethical and Liability Challenges for Audit Committee Advisors: 2015 Edition [01:00:55]
    John F. Olson, Debra Wong Yang, Michael R. Young

The purchase price of this Web Program includes the following articles from the Course Handbook available online:

  • Audit Committee Checklist and Compliance Timeline (April 9, 2015)
    John F. Olson
  • Selected Recent Developments in U.S. Securities Laws and Corporate Finance as of April 9, 2015
    John F. Olson
  • Stay Informed 2014 SEC Comment Letter Trends: Employee Stock Compensation
    Catherine L. Bromilow
  • Audit Committee Reports and Disclosures about Audit Committees
    Linda Griggs
  • Audit Committee Excellence Series, Achieving Excellence: Overseeing External Auditors
    Catherine L. Bromilow
  • Audit Committee Issues, PCAOB Proposes New Form for Engagement Partner Identification Disclosure
    Catherine L. Bromilow
  • Audit Committee Issues, FASB, PCAOB Actions Regarding Going Concern Disclosures
    Catherine L. Bromilow
  • Going Concern, FASB Defines Management’s Going Concern Assessment and Disclosure Responsibilities
    Catherine L. Bromilow
  • Highlights from the AICPA’s 2014 Conference on Current SEC and PCAOB Developments
    Joseph B. Ucuzoglu
  • Making Disclosures, Checking Them Twice: Highlights of the 2014 AICPA Conference on Current SEC and PCAOB Developments (December 15, 2014)
    Joseph B. Ucuzoglu
  • AQIs: Measuring Quality Through Metrics
    Joseph B. Ucuzoglu
  • Recent Work of the Public Company Accounting Oversight Board: 2014 Through the First Quarter of 2015
    Jay D. Hanson
  • The Coca-Cola Company: 2015 Proxy Statement Notice of Annual Meeting of Shareowners (Wednesday, April 29, 2015)
    John F. Olson
  • Achieving Excellence: Overseeing Accounting Changes—Including the New Revenue Recognition Standard
    Catherine L. Bromilow
  • Revenue from Contracts with Customers: The Standard Is Final—A Comprehensive Look at the New Revenue Model
    Catherine L. Bromilow
  • New Revenue Guidance—Where Does It Stand (April 2015)
    Catherine L. Bromilow
  • The Quarter Close: A Look at This Quarter’s Financial Reporting Issues, Directors Edition
    Catherine L. Bromilow
  • Achieving Excellence: Overseeing Financial Reporting
    Catherine L. Bromilow
  • Accounting Roundup: First Quarter in Review—2015
    Joseph B. Ucuzoglu
  • Crises Happen—Are You Prepared?
    Catherine L. Bromilow
  • Key Considerations for Board and Audit Committee Members (2014–2015 Edition)
    Catherine L. Bromilow
  • Changing Message and Messenger May Be a Way to Improve Cybersecurity Dialogue
    Catherine L. Bromilow
  • SEC Brings First Enforcement Action Challenging Employee Confidentiality Agreement Alleged to Impede Whistleblowers (April 2, 2015)
    John F. Olson
  • In the Matter of KBR, Inc., Respondent. Order Instituting Cease-and-Desist Proceedings Pursuant to Section 21C of the Securities Exchange Act of 1934, Making Findings, and Imposing a Cease-and-Desist Order (April 1, 2015)
    John F. Olson
  • United Airlines’ Confidentiality Agreement for Internal Investigations (April 3, 2015)
    John F. Olson
  • Former Company Officer Earns Half-Million Dollar Whistleblower Award for Reporting Fraud Case to SEC
    John F. Olson
  • In the Matter of Polycom, Inc., Respondent. Order Instituting Cease-and-Desist Proceedings Pursuant to Section 21C of the Securities Exchange Act of 1934, Making Findings and Imposing a Cease-and-Desist Order
    John F. Olson
  • SEC Charges Animal Feed Company and Top Executives in China and U.S. with Accounting Fraud: U.S.-Based Audit Committee Chair Charged for Complicity in Scheme
    John F. Olson
  • In the Matter of John Briner, Esq., et. al Respondents. Order Instituting Administrative and Cease-and-Desist Proceedings Pursuant to Section 8A of the Securities Act of 1933 and Sections 4C, 15(b)(6), and 21C of the Securities Exchange Act of 1934, and Rule 102(e) of the Commission’s Rules of Practice, and Notice of Hearing
    John F. Olson
  • In the Matter of Shirley Kiang, Respondent. Order Instituting Cease-and-Desist Proceedings Pursuant to Section 21C of the Securities Exchange Act of 1934, Making Findings, and Imposing a Cease-and-Desist Order
    John F. Olson

Presentation Material

  • Risk Management & Compliance: What Audit Committees Need to Know
    Catherine L. Bromilow, Debra Wong Yang, Michael R. Young
  • Evolving Ethical and Liability Challenges for Audit Committee Advisors: 2015 Edition
    John F. Olson, Debra Wong Yang, Michael R. Young
Co-Chair(s)
Catherine L. Bromilow ~ Partner, Governance Insights Center, PwC
Linda L. Griggs ~ Senior Counsel, Morgan, Lewis & Bockius LLP
John F. Olson ~ Gibson, Dunn & Crutcher LLP
Speaker(s)
Mary K. Bush ~ Chairman, Bush International, LLC
J. Michael Cook ~ Director: Comcast Corporation, Retired, Chairman and Chief Executive Officer, Deloitte & Touche LLP
Glen Davison ~ KPMG LLP
Jay D. Hanson ~ Board Member, Public Company Accounting Oversight Board
James L. Kroeker ~ Vice Chairman, Financial Accounting Standards Board
Mark Kronforst ~ Partner - Professional Practice , EY
Donald T. Nicolaisen ~ Independent Director, Verizon Communications, MGIC Investment Corp., Zurich Insurance Group, Morgan Stanley
Joseph B. Ucuzoglu ~ Chairman and Chief Executive Officer , Deloitte & Touche LLP
Debra Wong Yang ~ Gibson, Dunn & Crutcher LLP
Michael R. Young ~ Willkie Farr & Gallagher LLP
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New York State Social Worker Continuing Education (SW CPE):  PLI’s on-demand web programs are not approved for SW CPE credit.

American Bankers Association Professional Certification (ABA):  PLI’s on-demand web programs may fulfill ABA credit requirements.

Certified Financial Planners (CFP):  PLI’s on-demand web programs are not approved for CFP credit.

 

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