Instructor for this course
more

Regulators and investors expect transparency in disclosures when it comes to the company’s reporting of its unusual or significant transactions or events. Currently, publicly traded companies are required to comply with the Form 8-K disclosure requirements; and under section 302 of the Sarbanes-Oxley Act, their CEO and CFO are required to certify the effectiveness of the company’s disclosure controls and procedures on a quarterly basis. To ensure compliance with the Form 8-K disclosure requirements and reduce the risk of fraudulent financial reporting, companies have developed and implemented formal disclosure control procedures and tested them periodically for their operating effectiveness.

This course is designed to highlight the best practices on disclosure controls and discuss how companies are leveraging them to reduce their financial reporting risks. In this course, we discuss the relevant disclosure requirements and identify the events that must be reported in Form 8-K.  We also discuss lessons learned from companies that failed to meet the disclosure requirements, and specific disclosure controls that others have developed to ensure the timely and accurate disclosure of the company’s significant or unusual events and transactions. 

Learning Objectives

  • Identify relevant corporate disclosure requirements
  • Explore the events that are reportable on Form 8-K
  • Discover the process of implementing effective disclosure controls

3 Reviews (11 ratings)Reviews

3
Member's Profile
This is a high level review and focuses more on the benefits of strong internal controls rather than tactical moves.
3
Anonymous Author
Good overview, but not enough practical advice. Question 4 of the final exam was also not worded correctly.
4
Member's Profile
Concise. Good review

Prerequisites

Course Complexity: Intermediate

No advanced preparation or prerequisites are required for this course.

Education Provider Information

Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact:
For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 ext. 106, or send an e-mail to .
Course Syllabus
INTRODUCTION AND OVERVIEW
  4:01Introduction to Effective Disclosure Controls
Compliance and Requirements
  13:30The Compliance Landscape
  7:08Requirements of The Sarbanes - Oxley Act
Corporate Disclosure Controls
  8:27Benefits of Disclosure Controls
  5:43Best Practices of Disclosure Controls
  7:26Building Effective Disclosure Controls
Continuous Play
  46:06How to Develop and Maintain Effective Disclosure Controls
SUPPORTING MATERIALS
  PDFSlides: How to Develop and Maintain Effective Disclosure Controls
  PDFHow to Develop and Maintain Effective Disclosure Controls Glossary/Index
REVIEW and TEST
  quizREVIEW QUESTIONS
 examFINAL EXAM