Financial Statements, Financial Reporting and Auditing Toolkit

Resources covering selected topics related to financial statements, financial reporting, and auditing that are relevant to the practice of corporate governance and capital markets attorneys.

Practical Law Corporate & Securities

Corporate counsel must understand the principles governing financial statements ( www.practicallaw.com/4-382-3465) and the laws and regulation governing financial reporting and auditing ( www.practicallaw.com/0-382-3245) to effectively perform many common tasks.

Counsel advising on corporate governance and periodic reporting matters must have a working knowledge of financial statements, financial reporting, and auditing to, among other things:

Counsel advising on capital markets matters must develop a working knowledge of accounting, auditing and financial reporting to effectively:

  • Perform due diligence ( www.practicallaw.com/1-382-3424) on financial information included in an offering document.

  • Draft and negotiate financial covenants governing debt securities.

  • Advise an issuer on which financial information must be included in an offering document.

  • Assist in drafting, or reviewing, offering document disclosure, and in particular the MD&A disclosure.

  • Draft responses to SEC accounting comments on registration statements ( www.practicallaw.com/4-382-3743) .

  • Advise on whether a proposed offering timeline is feasible given the issuer's financial reporting calendar.

This Toolkit provides resources to help counsel get up to speed on selected topics related to financial statements, financial reporting, and auditing that are relevant to the practice of corporate governance and capital markets attorneys.

 

Practice Notes

 

Standard Documents and Clauses

 

Checklists

 
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