1-Hour Program

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:

  • Understand the overall objective and structure of MD&A and apply this foundation to selected current developments.
  • Apply the requirements for discussion of causal factors and forward-looking information in MD&A.
  • List current hot topics and other relevant considerations when drafting MD&A.

Course Overview:

This program will focus on:

  • The overall goal of MD&A.
  • The ongoing evolution of cybersecurity disclosures:
    • When do they become relevant for MD&A? 
    • What should be disclosed?
  • Pointers on drafting the overview.
  • Quantification of changes in operations.
  • Operating segments to deeper analysis, trends, and frequent SEC comments on MD&A.
  • Recent enforcement cases, including the 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?
  • Market Risk Disclosures – an uptick in SEC comments on this area?

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, and partners of public accounting firms and their staff. 

Prerequisites:  None

Advanced Preparation:  None

Instructional Method:  QAS Self-Study

Updated:  May 2019

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.

Credit Details