Globalview Advisors sponsored The Center for Corporate Reporting and Governance’s (CCRG) 17th Annual SEC “Hot Topics” Conference held this year at the Hotel Irvine. This year’s conference provided comprehensive updates and standard setters at the SEC, Financial Accounting Standards Board (FASB), and the Public Company Accounting Oversight Board (PCAOB). The conference also featured panels on boardroom issues, and legal and financial reporting hot buttons for businesses to monitor in 2018 and beyond. This year’s conference theme was “Fast Changing Technologies Transforming Business”. The emergence of new technologies, such as blockchain, cryptocurrencies, big data and analytics are transforming the business and audit landscapes, necessitating changes in how companies operate and how auditors will construct audits in the future. The conference was intended for audit committee members, CFOs, auditors, accountants, lawyers, academics, financial professionals and those involved in the financial reporting process.
The conference topics on regulatory updates from the SEC, FASB and PCAOB, in addition to the fast changing technologies transforming business included:
- Latest SEC Enforcement Initiatives;
- Recent Developments out of the Division of Corporation Finance;
- Updates from the Office of the Chief Accountant;
- New Projects from the PCAOB;
- FASB Standards Generally Effective in 2018 and Beyond;
- Key Areas of Focus for the SEC Staff;
- New Tax Law Updates;
- Audit of the Future;
- Technology and Regulation, as well as General Data Protection Regulation;
- Cyber Security; and
- Blockchain and Cryptocurrencies.
The CCRG is part of the Mihaylo College of Business and Economics at California State University, Fullerton and housed within the Department of Accounting. It was created in 2003 to address corporate reporting and governance issues facing companies and their auditors in the changing financial environment and is a premier resource for financial reporting and corporate governance in Orange County, California.