39th Annual SEC Reporting & FASB Forum

Practical approaches to complex situations.

Keep pace with a changing reporting landscape as the SEC ramps up its rulemaking activities, including a final rule on cybersecurity disclosures and a proposed rule on climate change, at the 39th Annual SEC Reporting & FASB Forum.

Attendees will learn about the standard-setting agenda of the FASB and hear updates on rulemaking, interpretive guidance, frequent comments, and enforcement actions emanating from the SEC.

After completing the program, participants will be able to:

• Prepare for the SEC rule proposal: “The Enhancement and Standardization of Climate-Related Disclosures for Investors”
• Understand the current regulatory landscape and emerging issues, including the SEC’s final rule “Cybersecurity Risk Management, Strategy, Governance, and Incident Disclosure”
• Anticipate potential rulemaking from the FASB’s technical agenda, including segment reporting and disaggregation of income statement expenses
• Identify changes from the FASB on accounting for financial instruments
• Summarize accounting and reporting issues incurred with income taxes, including the FASB Exposure Draft “Improvements to Income Tax Disclosures”
• And more

CLA’s Jeff Fitzgerald will present the following session:

Accounting for Income Taxes

Thursday, November 30 | 4:30 p.m.

This panel will lay out accounting and reporting issues incurred with income taxes. After completing this session, participants will be able to:

• Summarize the FASB Exposure Draft “Improvements to Income Tax Disclosures”
• Understand ASU 2023-02 “Accounting for Investments in Tax Credit Structures Using the Proportional Amortization Method (a consensus of the Emerging Issues Task Force)”
• Learn about enacted and potential income tax changes and their impact on accounting, including BEPS Pillar II
• Examine income tax accounting issues, including:
  • Valuation allowances
  • Intra-period tax allocation
  • Uncertain tax positions
  • Interim period tax accounting