An Overview of the SEC's Financial Reporting and Disclosure Requirements

Overview

Oversight by the SEC of public company financial reporting is critical in maintaining an efficient market for investors by providing accurate and truthful information about reporting entities, the securities they are selling, and the risks involved in investing. This course is designed to provide participants with an overview of the laws that govern the securities industry including the financial reporting and disclosure requirements established by the Securities Act of 1933 and the Securities Exchange Act of 1934 as amended. This program will make extensive use of the SEC’s Financial Reporting Manual for the selection of program topics. This program was developed and will be presented from the perspective of the practitioner preparing and disclosing public company financial information necessary to comply with SEC regulations. Public company disclosure examples will be illustrated throughout this program.

Prerequisites

Basic knowledge of U.S. GAAP

Designed For

All CPAs, accountants, and financial professionals in industry and public practice.

Objectives

• Describe the securities laws that regulate the issuance and trading of securities
• Identify and describe the filing requirements for form S-1 for registration statements
• Identify and describe the filing requirements for forms 10-Q, 10-K, and 8-K
• Apply the guidance in the SEC's Financial Reporting Manual to selected topics of more relevance to practitioners

Preparation

None

Notice

This course is provided by a third-party vendor. Please note that login instructions will not be available in the ‘My Upcoming CPE’ section of the NESCPA website. Instead, the login instructions will be sent directly to you via email by the California Education Foundation (CalCPA). Upon completing the course, your hours will be recorded in the ‘My CPE Tracker’ section of the NESCPA website.