FMN Accounting

FMN - 2020/May, Seg.4 - COVID-19: Financial Reporting and SEC Disclosure Considerations

Course Overview
The SEC has issued guidance on disclosure and other securities law obligations that companies should consider with respect to the coronavirus disease and related business and market disruptions. Eddie Wong, Partner-in-Charge of the Asia Practice at Friedman LLP, offers his views on which accounts are most impacted and what to look for in terms of financial statement disclosures. He explains the difference between Type 1 and Type 2 disclosures and also reviews a company's going concern reporting considerations.

Learning Objectives:

Upon successful completion of this segment, you should be able to:

  • Recognize the impacts of COVID-19 on business;
  • Identify the impacts of COVID-19 on footnote disclosure and MD&A;
  • Recognize the difference between Type 1 and Type 2 disclosures; and
  • Identify potential going concern issues brought about by COVID-19.

Prerequisites/Advanced Preparation:

Work experience in financial reporting or accounting, or an introductory course in accounting.

Speaker / Author:

FMN Online
SmartPros Ltd. is a leader in online and offline continuing education for
accounting, finance and engineering professionals. With over 2,000 hours of content, SmartPros has been providing mandatory continuing education products since 1981. SmartPros provides services and content to its professional and corporate clients, in a variety of media including Web, CD-ROM, and video. In the accounting market, SmartPros also has a predominant news and information portal which receives 200,000+ visits per month and provides services to over 100,000 subscribers. SmartPros' customers include 50% of the Fortune 500, as well as the major firms and associations in each of its professional markets.


Price (USD)

Standard: $69.90


Course Code : FMN1351-FM

Release Date : 05/11/2020
Expire Date : 12/14/2021
Credits :
CPE 2.00
QAS 2.00

Length : 1hr 40min
Course Level : Update
Course Type : QAS Self-Study
Passing Grade : 70%
Format Type : eLearning
Mobile Compatible
Field Of Study : Accounting

Included In

Returning Subscribers

- OR -