SEC Conference: An Accounting & Reporting Update for Public Companies

DAY ONE AGENDA

Welcome & Opening Remarks
8:45 – 9:00 AM

Key SEC Developments
9:00 – 10:00 AM
Unlock the up-to-the-minute guidance you need to handle all of today's most critical SEC accounting and reporting issues.
• General update on the SEC
• Status of SEC rulemaking
• Climate disclosure rules
• Delaware law developments:
   – Bylaw challenges
   – Officer exculpation update
   – Corporate law amendments
• Staff guidance on:
   – Nonpublic review of draft registration statements
   – Segment reporting (ASU 2023-07)
   – Interaction between new ASC 280 disclosures and non-GAAP rules
   – Macroeconomic factors
• Updates on crypto and digital assets 

Break
10:00 – 10:05 AM

Key SEC Developments (continued) 
10:05 – 11:05 AM
• New insider trading rules
• Updates on the recovery of erroneously awarded compensation
• New requirements on pay vs. performance disclosure
• Perquisites: basic tests and recent SEC focus
• Staff statements on materiality and statement of cash flows
• SEC staff comments and letter trends
• Proxy season: 2025 recap and 2026 preview

Break
11:05 – 11:10 AM

Cybersecurity—New SEC Rules, Legislative Developments & Other Regulations
11:10 AM – 12:10 PM
Cyber threats are growing more sophisticated, and so are the regulations around them. This session offers a clear roadmap for managing cybersecurity risk, compliance, and incident response. Experts will cover: 
• Key risks and practical mitigation strategies
• How to respond effectively to data breaches
• Compliance with the latest SEC rules and disclosure requirements
• Managing reputational risk through public relations strategies
• Guidance on handling SEC enforcement inquiries 

Lunch
12:10 – 12:55 PM

Sustainability Reporting—Where do Things Stand?
12:55 – 1:55 PM
The landscape of investor sustainability reporting is evolving quickly. This session breaks down all the latest information you need to know, including:
• Omnibus updates in the EU: timelines and milestones
• European Financial Reporting Advisory Group (EFRAG) updates
• California Air Resources Board (CARB) delay on rulemaking
• Ongoing lawsuits over California climate disclosure laws
• Recent standard-setting updates from the International Sustainability Standards Board (ISSB)
• Overview of jurisdictions where ISSB standards are mandatory

Break
1:55 – 2:00 PM

Non-GAAP Measures, Metrics & Disclosures 
2:-00 – 3:00 PM
The SEC's non-GAAP measures and metrics have been around for some time, but they still cause headaches for businesses when it comes to disclosures and financial statements. In this session, learn how companies are currently applying non-GAAP guidance and metrics, and what can be done in response to SEC comment letters to avoid costly fines and penalties. Dive into:
• An overview of SEC guidance on non-GAAP measures
• SEC staff comments on non-GAAP measures
• Key performance indicators

Break
3:00 – 3:05 PM

FASB Update
3:05 – 4:05 PM
FASB’s recent changes will have a huge impact on business in many important areas, from segment reporting to software costs to business combinations. This session breaks all those changes down so that you can stay prepared. Explore:
• An overview of the FASB
   – How it’s structured
   – The standard setting agenda
• The FASB agenda
   – An overview of recent invitations to comment (ITCs)
   – A snapshot of active projects on the technical agenda
• Recently issued ASUs on:
   – Derivative scope refinements
   – Accounting for and disclosure of software costs
   – Share-based consideration
   – How to determine the acquirer
   – Induced conversions
   – Disaggregation of Income Statement Expenses (DISE)
   – When to apply profits interests awards
   – Income tax disclosures
   – Crypto assets
   – Segment reporting
   – Joint venture formations

Break
4:05 – 4:10 PM

ASU 2024-03 (DISE): Implementation, Challenges & Practical Considerations 
4:10 – 5:10 PM
This session provides a focused, practical analysis of ASU 2024-03, Disaggregation of Income Statement Expenses (DISE), and its impact on financial reporting and disclosure requirements. Participants will examine the standard’s core requirements, including identifying relevant expense captions, defining required natural expense categories, and applying acceptable disaggregation methodologies within the required tabular disclosure format.
The session will also address key implementation challenges, including data availability, system limitations, inventory-related considerations, and the use of estimates and judgment in allocating expenses. Particular attention will be given to areas likely to draw auditor and regulator scrutiny, as well as the operational implications for finance, IT, and internal controls.
Attendees will leave with a clearer understanding of how to operationalize DISE requirements, assess readiness, and navigate the practical complexities of implementation.

Closing Remarks
5:10 – 5:15 PM

DAY TWO AGENDA

Welcome & Opening Remarks
8:30 – 8:45 AM

Public Company Auditing Update
8:45 – 10:15 AM
Dive into the PCAOB’s most recent efforts to protect investors and enhance audit quality for public companies, including:
• The latest updates and staffing changes
• Inspection results and areas of focus for the current inspection cycle
• Proposed amendments and new standards
• Recent regulatory actions and sanctions

Break
10:15 – 10:20 AM

SEC Enforcement Issues
10:20 – 11:20 AM
Discover the latest initiatives from the SEC's Division of Enforcement, which factors trigger investigations and enforcement actions, and the possible outcomes. Analyze real SEC enforcement cases, and learn how to avoid being a target. We’ll cover:
• Changes to SEC leadership and policies
• Shifting enforcement priorities and developments
• Voluntary dismissal of prior litigation
• The Wells Process and greater transparency

Break
11:20 – 11:25 AM

MD&A Update & Best Practices
11:25 AM – 12:30 PM
Two experienced securities and corporate governance experts will guide you through MD&A disclosure requirements and best practices, while highlighting recent SEC guidance, trends in staff comment letters, and key enforcement actions. This session will cover the latest MD&A topics of interest, including:
• Cybersecurity: past incidents and future risk management
• Tailored AI disclosures
• The impact of tariffs
• Emerging risks with crypto assets
• R&D expenditures: project status, costs, and risks
• Goodwill impairment testing
• Compliance & Disclosure Interpretations (CD&Is) on non-GAAP measures
• Trends in staff comment letters

Lunch
12:30 – 1:15 PM

Roundtable Discussion on Hot Button Issues for Public Companies
1:15 – 2:45 PM
Industry, auditing, legal and other experts will discuss how public companies are dealing with:
• Tariffs and international trade
• ESG reporting
• Artificial intelligence
• Cyber-related issues
• SEC rulemaking and enforcement
• Board matters
• Mergers and acquisitions (M&A)
• Tax matters
• Geopolitical matters

Break
2:45 – 2:50 PM

Income Tax Disclosures
2:50 – 3:50 PM
In this session, we will go into FASB's recent changes to income tax disclosures, including the effective date and transition guidance, and how requirements differ for public business entities versus private entities. We will cover rate reconciliation, state and local income taxes, foreign tax effects, and valuation allowances, along with related disclosure requirements. We will also address practical considerations such as withholding taxes and Pillar Two, treatment of foreign branches, and materiality.

Break
3:50 – 3:55 PM

The Cost of Intelligence: Accounting for AI Infrastructure & Software Development
3:55 – 5:10 PM
• Identify areas of complexity in accounting for AI Infrastructure and software development
• Explore alternative funding structures and related accounting complexities
• Understand judgments in evaluating accounting conclusions related to AI Infrastructure 
• Examine impacts of incorporating AI info into software tools

Closing Remarks
5:10 – 5:20 PM

Conference Ends
5:20 PM

CURRENT REGULATORS

Sarah Lowe, Deputy Chief Accountant, Division of Corporation Finance, US SEC

Anne McKinley, Assistant Regional Director, Division of Enforcement, SEC

Alexander Vasilescu, Trial Unit Chief, SEC's New York Regional Office

Nikolay Vydashenko, Assistant Director, SEC's Fort Worth Regional Office
 

FORMER REGULATORS

Nekia Hackworth, Partner at Jones Day, formerly Deputy Director of Enforcement (Southeast) at the SEC and Federal Prosecutor and Policy Advisor at the US DOJ

Megan Hearn, Partner, KPMG, formerly Professional Accounting Fellow in the Office of The Chief Accountant

Henry Klehm III, Partner, Jones Day, formerly in the Division of Enforcement, SEC

Tim Kviz, National Assurance Managing Partner, SEC Services, BDO, formerly Professional Accounting Fellow in the Office of the Chief Accountant, SEC

David Peavler, Partner, Jones Day, Former Regional Director for Enforcement, SEC

Susan Resley, Securities Enforcement and Litigation Partner, Morgan Lewis

Melissa Rocha, Partner, Department of Professional Practice, KPMG, formerly Deputy Chief Accountant in the SEC Office of The Chief Accountant (CFOCA) within the Division of Corporation Finance
 

CORPORATE LEADERS, BIG 4 & OTHER MAJOR ACCOUNTING FIRMS

Kabina Bhari, Tax Managing Director, BDO 

Aaron Briggs, Partner, Gibson Dunn 

Eric Carlsson, Partner, KPMG

Chad Chevalier, Managing Director (formerly EY)

James Christenson, Audit & Assurance Manager, Accounting and Reporting Services, Deloitte

Meghan Depp, Professional Practice Principal – SEC Services, BDO

Mellissa Duru, Partner, Gibson Dunn

Bonnie Mann Falk, Partner, CitrinCooperman

Stephenie Gosnell, Partner, Gibson Dunn

Lisa Habash, Senior Manager, BDO

John Hanson, Retired CFO Turtle Beach and Board Member

Jonathan Hanwit, Founding Partner and CEO, thinkPARALLAX

Dotty Hayes, Experienced Board Chair and Audit Committee Financial Expert, BigBear.ai

Justine Jacob, Technical Director, MorganFranklin

Matthew Jacobson, Sustainability Controller, nVent

Rob Kelley, Corporate Associate, Gibson Dunn

Brandon Landas, Professional Practice Principal – SEC Services, BDO

Julia Lapitskaya, Partner, Gibson Dunn

David Levi, Chief Accounting Officer, OPAL Fuels

Emily Lucas, Senior Director, Professional Practice, CAQ

Colleen McManus, Senior Manager, MorganFranklin

Alex Mendoza, Jr., Director, Lighthouse Advisor, KPMG

Nancy Mentesana, Managing Director, Labrador

Greg Moore, Chairman, Board of Directors, Texas Roadhouse

Angela Newell, Deputy Chief Accountant, BDO

Sheila Ongie, Head of Sustainability Strategy, thinkPARALLAX

Dan Petrocelli, National Office Director, PwC

Zohaib Qamar, Partner, Citrin Cooperman

Jeremiah Saunders, Professional Practice Group Director, BDO

Eric Scarazzo, Partner, Gibson Dunn

Charles Soranno, Managing Director, Protiviti

Michael Titera, Partner, Gibson Dunn

Brian Tomlinson, Managing Director, Ernst & Young, LLP

Emmad Wajahat, Director, National Quality Organization, PwC

Geoffrey Walter, Partner, Gibson Dunn

Bill Witt, Director, Highspring

Christopher Wright, Managing Director, Protiviti