Footnote & Risk Factor Disclosures: Current Examples & Best Practices Webinar

To update you on the latest rules for the footnotes and risk factor disclosures currently required in GAAP financial statements and SEC filings, and provide you with best practices to successfully prepare these disclosures.

• Analysis of Risk Factors
• SEC Concept Release
• New Cybersecurity Regulations
  – New release
  – Disclosures
     – Required disclosures
     – Objectives of attacks
     – Damages
• Climate Change
  – Evaluation of impact
  – Pending disclosures
• Impact of Artificial Intelligence (AI)
• Geographic Conflicts
• Inflation and Interest Rates
• Footnote Disclosures
  – Accounting policies
  – Disclosure: 325-20-50-3
  – Examples
• Revenue Recognition
  – Contracts with customers
  – Contract balances
  – Performance obligations
  – Practical expedients
• Goodwill
  – Impairment loss
  – Accounting alternatives
  – Quantitative
• Fair Value
• Financial Instruments
• Leases
  – Lessee accounting
  – Lessor accounting

To update you on the latest rules for the footnotes and risk factor disclosures currently required in GAAP financial statements and SEC filings, and provide you with best practices to successfully prepare these disclosures.

DETAILED LEARNING OBJECTIVES

• Identify the types of risks that need to be disclosed by companies

• Identify the formats in which risk factor disclosures should be in

• Recognize the requirements around cybersecurity governance

• Recognize the risk factors related to significant use of digital technologies

• Identify the characteristics of climate change disclosures

• Recognize how Artificial Intelligence will affect required risk factor disclosures

• Identify suggested disclosures around inflation and interest rates

• Identify commonly required disclosures with respect to accounting policies

• Recognize the objectives of the disclosure requirements in ASC 606

• Identify the types of performance obligation disclosures

• Identify the requirements for disclosures around determining a transaction price

• Recognize the requirements over goodwill disclosures

• Recognize the considerations an entity must take when complying with the fair value disclosure requirements

• Identify the disclosure requirements for Level 3 assets

• Identify the requirements around collateral disclosures

• Identify the requirements around master netting arrangement disclosures

• Recognize a lessee’s required disclosures 

• Recognize the required disclosures over leasehold improvements

• Identify the disclosure requirements for a lessor around risk management of residual assets

• Recognize how the practical expedients in ASC 842 should be applied

• Identify how financing lease payments are reflected in the statement of cash flows

• Analysis of Risk Factors
• SEC Concept Release
• New Cybersecurity Regulations
  – New release
  – Disclosures
     – Required disclosures
     – Objectives of attacks
     – Damages
• Climate Change
  – Evaluation of impact
  – Pending disclosures
• Impact of Artificial Intelligence (AI)
• Geographic Conflicts
• Inflation and Interest Rates
• Footnote Disclosures
  – Accounting policies
  – Disclosure: 325-20-50-3
  – Examples
• Revenue Recognition
  – Contracts with customers
  – Contract balances
  – Performance obligations
  – Practical expedients
• Goodwill
  – Impairment loss
  – Accounting alternatives
  – Quantitative
• Fair Value
• Financial Instruments
• Leases
  – Lessee accounting
  – Lessor accounting