Form 10-K Series - Risk Factors, Controls, and Corporate Governance Disclosures
Author: Kelen Camehl
| CPE Credit: |
1 hour for CPAs |
This course addresses risk factors, controls, and corporate governance disclosures in SEC Form 10-K. It begins with an analysis of the "Risk Factors" section, focusing on how companies identify and communicate risks relevant to their operations. The course also examines internal control over financial reporting (ICFR), executive compensation disclosures, as well as the importance of corporate governance disclosures, with a specific emphasis on audit committees, board composition, and the role of strong governance in boosting investor confidence.
Publication Date: March 2025
Topics Covered
- Risk Factors
- Regulatory Guidance
- Best Practices for Risk Factors
- Internal Control Over Financial Reporting
- Executive Compensation
- Corporate Governance Disclosures
Learning Objectives
- Identify the methods companies use to determine and communicate risk factors in SEC Form 10-K
- Recognize the key components of ICFR and their significance in accurate financial reporting
- Explain how to distinguish between various elements of executive compensation disclosures required in Form 10-K
- Determine the role and responsibilities of audit committees in corporate governance
- Recognize best practices for board composition and independence that enhance corporate governance and investor confidence
Level
Overview
Instructional Method
Self-Study
NASBA Field of Study
Accounting (1 hour)
Program Prerequisites
None
Advance Preparation
None
