COVID-10 PANDEMIC DISCLOSURES Part 2


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COVID-10 PANDEMIC DISCLOSURES Part 2

January 19, 2021

1:00 – 2:00

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Please join us on Tuesday, January 19, 2021 from 1:00 PM to 2:00 PM (EST), when Tony Sondhi, (author, consultant, investment advisor, former EITF Member and one of the preeminent experts in the fields of revenue recognition, Lessee and Lessor Accounting for Lease, Securitizations, Statement of Cash flows – reporting and analysis, and financial reporting risks), presents the second webcast of our new series on disclosures provided by publicly traded companies on the impact of the pandemic on their operations and their outlook for the next few months. Tony will discuss selected issues raised by a number of companies representing various industries in their 3Q  (or most current) filings. This webcast will review disclosures from a different group of industries as we broaden our review of the economic landscape building on the first set of industries reviewed on December 15, 2020. This webcast will address selected concerns raised by public companies. We will discuss recognition and measurement uncertainties faced by these companies. Each webcast in this series will address several issues you as a member of your company’s financial reporting team need to know to apply financial reporting guidance. You will learn about the following critical concepts and their practical application (among others) in this webcast series:

  • The significant operating challenges posed by the pandemic.
  • Whether your company needs review or develop estimation, measurement, and other reporting requirements
  • How to integrate recognition, measurement and disclosure related to the pandemic and their implications for financial reporting software

WHO SHOULD ATTEND:

This webcast is critical for those members of the financial reporting teams responsible for, and all team members participating in, financial reporting at their firms, and the members of the investor relations team in your company. Staff accountants, internal and external auditors, financial reporting managers, controllers, CFOs, and financial analysts responsible for financial reporting, presentation, and analysis of issues at their companies as well as all users of financial statements will find this webcast useful.

 

OBJECTIVES AND PREREQUISITES

This webcast is designed to help you better understand the critical implications of the pandemic. Upon completing this webcast, you will:

  1. Learn about financial reporting during the pandemic,
  2. Improve your understanding of the financial reporting risks related to the pandemic,
  3. Obtain key takeaways from public company reporting perspectives, and
  4. Understand potential implications for your firm.

Given the introductory nature of this webcast, there are no prerequisites to attending this webcast.

A.C. Sondhi & Associates, LLC is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit.  Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.