Key SEC Developments Self-Study Webinar (5 Hours)

Key SEC Developments Self-Study Webinar (5 Hours)

CPE Credit: 5 Hours

Price: $269.00

NASBA Field of Study: Accounting

 

Overview

In this self-study webinar taken from our popular SEC Conference, our panel of Big 4 and industry experts will provide you with the up-to-the-minute information and guidance you need to successfully handle today’s most critical SEC accounting and reporting issues.
 

AGENDA HIGHLIGHTS


•  SEC Staff Changes
   – Staff/administration leadership focus

•  Capital Formation
   – S-X Rule 3-13 relief
   – Key disclosure and reporting matters
   – Nonpublic review scope expanded
   – Definition of smaller reporting company

•  SEC Rulemaking Update
   – Proposed changes to:
      – Reporting acquisitions and dispositions
      – Accelerated filer threshold
      – Definition of non-accelerated filers
      – S-X Rules 3-10 and 3-16
   – FAST Act Modernization of Regulation S-K
   – Inline XBRL
   – RFC on earnings releases and quarterly reports

•  Communication of Critical Audit Matters (CAMs)

•  Proxy Season Update—Company & Shareholder Proposals

•  ESG Disclosures
   – Basis for liability
   – Evolving case law
   – Best practices

•  Cybersecurity
   – Disclosures
   – Best practices
   – SEC Enforcement Priority

•  SEC Enforcement Activities
   – Priorities of the Enforcement Division
   – Issuer accounting and disclosure issues
   – Whistleblower Program

•  Legislative Update
   – Dodd-Frank Reform
   – JOBS Act 3.0

•  Disclosure Trends
   – SEC comment letter trends
   – Revenue from Contracts with Customers (ASC 606)
   – Non-GAAP measures

•  Rulemaking
   – Disclosure update and simplification
   – Equity options

•  ASC Updates
   – Select standards effective in 2019
  – Leases (ASC 842)
       – Right-Of-Use (ROU) assets
       – Disclosures
   – Credit impairment (ASC 326)
    – SAB 74 (Topic 11.M) disclosures

 

LEARNING OBJECTIVE  To provide financial professionals with an update on the key SEC hot button issues and regulations that
impact the financial accounting and reporting of listed companies.

PREREQUISITE  None.    ADVANCE PREPARATION  None.    PROGRAM LEVEL  Update.   NASBA FIELD OF STUDY  Accounting.
DELIVERY METHOD  Self-Study.

Speakers

SPEAKERS


Alan Bannister, Partner, Gibson Dunn & Crutcher LLP

Polia Nair, Senior Manager, SEC Regulatory Matters, Ernst & Young LLP

Lynn Rogers, Senior Vice President, External Reporting, Bank of America

 

Detailed Learning Objectives

Identify the components of the SEC’s strategic plan for years 2018-2022

Identify recent S-X Rule 3-13 relief

Identify those entities that may utilize the SEC’s non-public review registration draft

Recognize the time frame for which the SEC’s non-public review registration draft is available to a Securities Act offering

Recognize the new initial and redetermination public float and revenue thresholds of a Smaller Reporting Company (SRC)

Identify the amended “significant” threshold for dispositions of a business under proposed changes to Rule 1-02(w)

Recognize the changes made by the SEC under the FAST Act mandate to modernize and simplify Regulation S-K

Recognize matters that would generally be considered to be a Critical Audit Matter

Recognize certain SEC expectations regarding the reporting of Critical Audit Matters

Identify early SEC observations of CAMs

Identify recent trends in registrant’s Board diversity

Identify recent trends in ESG disclosure exposure to liability

Recognize the characteristics of the SEC’s most recent guidance regarding cybersecurity disclosures

Recognize the most recently reported SEC enforcement activities

Recognize the amended threshold at which a large banking organization automatically becomes subject to enhanced prudential

Identify trends in the most recent statistics regarding SEC staff comment letters

Identify specific areas within revenue recognition noted by SEC staff in comment letters

Identify specific areas within non-GAAP measures noted by SEC staff in comment letters

Recognize trends in SEC staff comment letters regarding Brexit and LIBOR disclosures