This course offers a comprehensive overview of key SEC regulations, combining insights from three critical areas. Chapter 1 covers the SEC's recent final rules on climate-related disclosures for public companies, released on March 6, 2024, addressing the balance between investor demands for transparency and implementation costs. Chapter 2 explores the hot topic of non-GAAP financial measures, emphasizing compliance with SEC and FASB guidelines, supported by comment letter analysis from the Big 4 accounting firms. Chapter 3 explores the management's discussion and analysis (MD&A) section of financial statements, detailing SEC regulatory requirements and common issues highlighted in their frequent comment letters. Together, these chapters provide essential knowledge for navigating the evolving landscape of SEC regulations.
Learning Objectives
Upon successful completion of this course, participants will be able to:
Recognize how the SEC climate-related disclosures have evolved
Identify types of climate related risks
Differentiate between Scope 1, 2, and 3 emissions
Recognize qualitative and quantitative climate-related disclosures
Identify assurance requirements and compliance dates for different types of entities
Major Topics
ESG Regulations
Climate-Related Risk
Climate-Related Disclosure Resources
Planning Considerations
BOD Oversight of Climate-Related Risks
Risk Management Process
Financial Statement Effects
Financial Impact Metrics
Non-GAAP Financial Measures
Regulation G
Regulation S-K
EBIT & EBITDA
MD&A Regulations
