Please note that this Workshop will only be offered as a live, interactive webcast via Zoom. Speakers and participants will be participating in the program remotely. Participants will have the ability to interact with faculty and the live remote audience during the Workshop and will have access to all program materials. Attendees will need to download Zoom Client for Meetings Software prior to the program. If you are using a VPN please disconnect from the VPN prior to starting the program.
See Credit Details Below
Overview
Why You Should Attend
In this virtual Workshop participants will review the FASB’s standards for operating segment disclosures with an emphasis on the new requirements adopted by the FASB in Accounting Standards Update (ASU) 2023-07. Current SEC perspectives and comments on segment reporting will be discussed. Participants will deepen their understanding though examples and case studies based on public company segment disclosures, related SEC comments, and company responses. This is an interactive Workshop (via Zoom), and open discussion is encouraged to enhance and deepen the learning process.
What You Will Learn
After completing this Workshop, participants will be able to:
· Enumerate and apply appropriate criteria to determine a company’s Chief Operating Decision Maker (CODM)
· Apply the FASB’s guidance to determine a company’s components and operating segments
· Utilize the criteria for aggregation of operating segments
· Determine a company’s reportable segments
· List the disclosure requirements for reportable segments, including the new disclosures in ASU 2023-07
· List other required segment-related disclosures, including the requirements for single segment entities
· Apply operating segment guidance to examples and case studies
· Review SEC comments and company responses related to operating segments
· Understand where operating segment disclosures are relevant in Form 10-K
What You Should Bring
To customize your Workshop and gain the most benefit from this interactive learning experience, we recommend you have access to your company’s or a client’s most recent Form 10-K. If you work with a company that is not yet public, filings from a company in your industry are a reasonable alternative.
Who Should Attend
CFOs, controllers and their staff, internal auditors, partners of public accounting firms and their staff, attorneys, general counsel, in-house counsel, corporate legal staff, investor relations professionals, audit committee members, and others involved in the preparation or review of financial statements and SEC filings.
Program Level
Basic
Prerequisites
None
Advanced Preparation
None