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
Last updated/reviewed: August 7, 2023
11 Reviews (35 ratings)

Reviews

4
Anonymous Author
A Good Course in Disclosure and Compliance. The trainer's language was clear and understandable. In general, a lot of obvious things

3
Anonymous Author
Good overview, however too repetitive and the phrases "this is important" or "this is absolutely critical" was very much overused.

5
Member's Profile
not sure I agree with this question and answer: Question: Which of the following is not a disclosure control procedure?

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.

5
Anonymous Author
Nice overview of things to consider especially if you are not doing dealing with a lot of SEC reporting

5
Anonymous Author
This course was a good refresher of disclosure controls and Sarbanes-Oxley requirements.

4
Anonymous Author
A good high-level overview of the process, rather than practical application.

4
Anonymous Author
nice course good guy had fun goodbye from igors from lithuania

5
Anonymous Author
This is a helpful disclosure control resource. Thank you.

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 or send an e-mail to .
Instructor for this course
Course Syllabus
INTRODUCTION AND OVERVIEW
  Introduction to Effective Disclosure Controls4:00
Compliance and Requirements
  The Compliance Landscape13:29
  Requirements of The Sarbanes - Oxley Act7:07
Corporate Disclosure Controls
  Benefits of Disclosure Controls 8:26
  Best Practices of Disclosure Controls5:42
  Building Effective Disclosure Controls7:25
Continuous Play
  How to Develop and Maintain Effective Disclosure Controls 46:14
SUPPORTING MATERIALS
  Slides: How to Develop and Maintain Effective Disclosure ControlsPDF
  How to Develop and Maintain Effective Disclosure Controls Glossary/IndexPDF
REVIEW and TEST
  REVIEW QUESTIONSquiz
 FINAL EXAMexam