Recent Regulations That Will Impact 2022 SOX Programs Webinar (1 Hour)

Overview: 

The SEC and PCAOB continue to focus on Internal Controls over Financial Reporting (ICFR). This program will provide an overview of specific ICFR areas that remain on their combined radar, with an emphasis on:

  • The PCAOB's Standard setting agenda
  • Proposed impact of ESG disclosures
  • SPAC trends and current landscape

 

Objective: 

To provide financial professionals with updates on the latest rules and regulations for Internal Controls over Financial Reporting (ICFR) that will impact their current and future SOX programs.

 

SPEAKERS:

Ali Gee, Partner, Audit & Assurance, Deloitte

Lindsay Rosenfeld, Managing Director, Audit & Assurance, Deloitte

Emphasis: 
  • SEC Organizational Update
  • SEC Key Development Areas
    – SPACs
      – Proposed rulemaking
      – Inherent risks
      – Internal control timeline
      – SOX compliance when going
         public
    – Material weakness trends
       – Adjustments and accounting
          issues
       – Personnel and resources
       – IT and disclosure controls
    – ESG
       – Cybersecurity: SEC proposed
          disclosures
       – Climate proposal    
          – Standardization
  • PCAOB
    – Standard setting agenda
       – Areas of focus
       – Audit committee engagement
       – Advisory groups
       – Holding Foreign Companies
          Accountable Act (HFCAA)
       – Impact of COVID-19
       – Audit considerations related
          to the invasion of Ukraine
       – Quality control
          – Other auditors
    – Planned research
       – Audit evidence
       – Data and technology
       – Future Quality Control
          Standard
     

 

Bottom
Prerequisite: 

None.

Preparation: 

None.

Level of Knowledge: 

Update.

CPE Credit: 
1.00
NASBA Field of Study: 
Accounting