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:
- List the significant new and developing issues, as well as the on-going challenges, affecting the preparation and review of Form 10-K.
- Recall the new and developing issues that will impact the preparation of proxy statements and Section 16 reporting.
- Enumerate the current SEC staff focus areas related to Form 10-K.
This program will focus on:
- The changes to Form 10-K required by the SEC’s Disclosure Modernization and Simplification Final Rule.
- SEC staff focus areas, including non-GAAP measures and MD&A.
- Example disclosures in key areas such as known trends.
- Getting cybersecurity disclosures, including business email compromise risks, right!
- What you should disclose about Brexit, LIBOR, and other emerging risks.
- The SEC’s new shareholder proposal process – navigating change.
- Critical accounting estimates and their relationship to critical audit matters in the auditor’s report.
- Accounting watch areas:
- Fine-tuning lease accounting and revenue recognition disclosures.
- SAB 74 disclosures for current expected credit losses.
- Other new accounting standards.
- Recent enforcement actions.
CPE Program Level: Update
Intended Audience: CPAs, accountants, auditors, legal professionals, and other allied financial professionals who deal with SEC reporting and disclosure, and related accounting issues, including in-house counsel, outside attorneys, chief financial officers (CFOs), controllers and their staff, internal auditors, and partners of public accounting firms and their staff.
Advanced Preparation: None
Instructional Method: QAS Self-Study
Updated: March 2020
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.