Tag: COVID-19
SubscribePandemic Raises Key Lease Accounting Issues
The changes to lease accounting that took effect in 2019 for large public companies culminated a protracted process that dramatically altered their financial reporting. Just a year later, the coronavirus is putting the new accounting standa...
Read MoreCoronavirus Puts Scrutiny on Executive Compensation
One month ago, Bob Chapek assumed the position of CEO in a high-profile changing of the guard at The Walt Disney Company. He’s already taking a pay cut. With the coronavirus continuing to spread, Disney disclosed on March 30 that its execut...
Read MoreSEC Offers Direction on COVID-19 Disclosures
The coronavirus outbreak presents something of a paradox for public companies. On the one hand, in disrupting commerce around the globe, the pandemic has presented public companies with a whole host of material risks to their businesses, wh...
Read MoreCoronavirus Diagnoses Pose a Disclosure Dilemma
The coronavirus scare unofficially started in the United States on March 11. That was the day NBA all-star Rudy Gobert of the Utah Jazz tested positive for COVID-19, a development that brought the entire league to a screeching halt. That sa...
Read MoreCompanies Call on SEC’s Coronavirus Relief
With seemingly every business on the planet affected by the coronavirus pandemic, the Securities and Exchange Commission is taking steps to ease the regulatory burden on public companies. The latest moves came on Friday. Given the suddenly...
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