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Tag: COVID-19

Under Armour's lease accounting issues during pandemic.

Pandemic Raises Key Lease Accounting Issues

Under Armour's lease accounting issues during pandemic.

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...

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Barber styling hair on JetBlue Airways flight

Coronavirus Puts Scrutiny on Executive Compensation

Barber styling hair on JetBlue Airways flight

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...

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Corporate traveler on the move for the Division of Corporation Finance

SEC Offers Direction on COVID-19 Disclosures

Corporate traveler on the move for the Division of Corporation Finance

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...

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A Basketball court with desert background

Coronavirus Diagnoses Pose a Disclosure Dilemma

A Basketball court with desert background

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...

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Virtual Shareholder Meetings in a Global Internet System

Companies Call on SEC’s Coronavirus Relief

Virtual Shareholder Meetings in a Global Internet System

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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