1-Hour Program

See Credit Details Below


This One-Hour Briefing will help you effectively deal with current issues and the most challenging disclosures in MD&A.  The discussion will also include pros and cons of the SEC’s new rule allowing omission of the third year back in MD&A as well as several ideas and tips to improve your MD&A and the related drafting process.

Please join our discussion leaders N. Adele Hogan of Nelson Mullins Riley & Scarborough LLP and George M. Wilson of PLI’s SEC Institute, as they review the key MD&A issues to address in the 2019 annual report on Form 10-K and the 2020 quarterly reports on Form 10-Q.

Topics to be discussed include:

  • Brief review of the overall goal of MD&A
  • The SEC’s new “leave out the third-year back” rule – pros and cons
  • When to address new issues such as Brexit and Reference Rate Reform
  • Ongoing evolution of cybersecurity disclosures:
    • When do they become relevant for MD&A, and
    • What should be disclosed?
  • Pointers on drafting the overview
  • Quantification of changes in operations – example SEC comments and how much is appropriate?
  • From operating segments to deeper analysis, trends and frequent SEC comments on MD&A
  • Recent enforcement cases – focus on known trends
  • Latest issues in using non-GAAP measures in MD&A
  • Five ways to improve MD&A
  • Example drafting and review processes
  • Why hasn’t the SEC issued any new MD&A guidance in recent years? 


Program Level:  Update

Intended Audience:  Attorneys and accountants who deal with reporting and disclosure and accounting issues, including in-house counsel, outside attorneys, CFOs, controllers and their staff, internal auditors, partners of public accounting firms and their staff

Prerequisites:  None

Advanced Preparation:  None

Credit Details

You May Also Like