See Credit Details Below
CPE credit (NASBA QAS Self-Study) is available by completing and passing the program’s CPE Review & Exam.
Upon the successful completion of this program, the participant will be able to:
- Recall the history and details of the SEC’s requirements for reporting on disclosure controls and procedures, and how disclosure committees can help fulfill these requirements.
- Describe key issues in the design and operation of disclosure committees.
- Recognize key issues for disclosure committee consideration in the current reporting environment.
This program will focus on:
- Disclosure committee history, background, and purpose.
- Disclosure committee composition.
- Disclosure committee operations, including charters, certifications, and processes.
- COVID-19-related disclosure considerations:
- Tailoring disclosure to specific company circumstances
- SEC comments to date
- Details of the SEC’s new business, risk factor, legal proceedings, and MD&A disclosure requirements.
- Other disclosure considerations in the current environment:
- LIBOR transition
- Proxy review for disclosure committees:
- Recent SEC enforcement actions surrounding perks
CPE Program Level: Update
Intended Audience: CPAs, accountants, attorneys, and other professionals who deal with SEC reporting and disclosure, and related accounting issues, including in-house counsel, outside attorneys, chief financial officers (CFOs) and their staff, internal auditors, and partners of public accounting firms and their staff.
Advanced Preparation: A general knowledge of the SEC’s disclosure committee requirements.
Instructional Method: QAS Self-Study
Updated: February 2021
Credit Information: 1 CPE credit is available upon completion of this program’s 3 content-review questions and a minimum passing score of 70% on the 5-question final exam.