Form 10-K (Part One): Business, Risk Factors & Part I Disclosures Essentials Workshop 2023

Why You Should Attend

In this virtual Workshop for SEC reporting professionals, using the SEC’s guidance discussed in our SEC 101 Reporting Essentials for Financial Professionals Workshop or the SEC 101 Reporting Essentials for Lawyers Workshop, you will build the practical knowledge base, skills and tools needed to draft and review the business, risk factors and related company background sections in Part I of the Form 10-K annual report. (Please note that the rest of the Form 10-K Items are addressed in the Part Two Form 10-K Essentials Workshop and that MD&A is addressed in a separate Essentials Workshop).  Discussion will include requirements from Regulation S-K for non-financial statement disclosures as well as requirements from the Staff Accounting Bulletins, Compliance and Disclosure Interpretations and other SEC reporting sources.  Discussion will also include climate change and other evolving disclosure areas as well as frequent SEC comment areas for these sections of the Form 10-K.  This is an interactive Workshop (via Zoom), and open discussion is encouraged to enhance and deepen the learning process. 

The Workshop includes online access to PLI’s SEC Reporting Handbook.

What You Will Learn

After completing this Workshop, participants will be able to:

• Identify key disclosure issues in Part I of Form 10-K
• Understand, draft, and review human capital resources and risk factors disclosures
• Discuss the latest developments from the SEC, including climate change, ESG, COVID-19, Libor, and cybersecurity disclosure considerations 
• Apply the definition of Accelerated Filer and related SOX implications 
• Locate and use guidance for using non-GAAP measures in Form 10-K
• Enumerate the SEC staff’s “hot buttons,” including frequent comment areas on Part I of Form 10-K

What You Should Bring 
To customize your Workshop and gain the most benefit from this interactive learning experience, we recommend you have access to your company’s or a client’s most recent Form 10-K. If you work with a company that is not yet public, filings from a company in your industry are a reasonable alternative. 

Who Should Attend
SEC reporting professionals, including those involved in the preparation or review of financial statements, partners of public accounting firms and their staff, lawyers and corporate legal staff, investor relations professionals, and audit committee members.

Program Level 
Basic 

Prerequisites 

Attendees should have some prior experience with the SEC reporting process. We recommend first attending either the SEC 101 Reporting Essentials for Financial Professionals Workshop or the SEC 101 Reporting Essentials for Lawyers Workshop so that you have the foundational tools and skills necessary for this program.

Advanced Preparation 
None 

Suggested add-on courses:

Upon completion of this Workshop, you will be ready to apply the SEC’s guidance and continue your learning at our more advanced SEC Reporting Essential Workshops, which build upon this foundational program, including our:

• Form 10-K (Part Two): Financial Statements & Parts II, III & IV Disclosures Essentials Workshop
• MD&A SEC Reporting Essentials Workshop
• Form 8-K SEC Reporting Essentials Workshop
• Form 10-Q, Proxy Statement and Section 16 SEC Reporting Essentials Workshop