(VIDEO REPLAY) Litigation Contingency Reporting: Where Are We With FASB and the SEC?
Friday, Sep 09 2011

One of the most perplexing issues facing in-house litigation counsel today involves litigation contingency reporting under FAS 5 - that is, the new ASC 450. FASB has drafted a proposed disclosure standard that has given rise to significant controversy. Conformity even to the present standard is under a microscope with both FASB and the SEC planning to take a careful look at upcoming 10-K litigation disclosures in evaluating compliance and the need for a new standard at all. This one-hour program is designed to provide insight into what's going on and what both FASB and the SEC may be looking for in upcoming 10-Ks.

New York, California & New Jersey Credit: 1.0 professional practice. This video replay does not provide transitional credit to newly admitted attorneys. Illinois Credit: 1.0 general MCLE credits.

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