NACD Risk Oversight Alert: Financial Reporting Risk In The Current Environment

Market values in today's environment can be particularly difficult to determine, especially when financial modeling is used to estimate market value for specific assets and portfolios of assets. This program will provide corporate board members with a "top side" understanding of how market value estimates should be developed for financial reporting. It will also suggest steps directors can take to enhance their risk oversight role in this important area. The program is recommended for all directors, especially members of audit and risk oversight committees.

Robert H. Herz, Chairman of the Financial Accounting Standards Board and Lewis H. Ferguson, partner of the law firm Gibson Dunn & Crutcher, will bring directors up to speed on this important risk oversight issue.

The program will:

• describe development of market value estimates,



• identify scenarios where problems can occur, and



• suggest things directors may want to consider, including how to weigh whether third party experts should be engaged to assist the board.

Question and Answer Session

Our experts will respond to questions submitted during the Webcast.

Receive NACD Accreditation

The program is certified for credit by the NACD's Corporate Directors Institute. Earn 2 Certificate of Director Education credits by attending this Webcast. Nearly 1,000 directors and executives have obtained the NACD Certificate designation and maintain it annually through continuing director education. If you hold the Certificate of Director Education, you will have the opportunity to request credit after you register. If you would like to know more about the Certificate of Director Education, click here.

Receive Continuing Legal Education Credit

This program has been approved for credit in accordance with the requirements of the New York State Continuing Legal Education Board for a maximum of 1.5 credit hours, of which 1.5 credit hours may be applied toward the areas of professional practice requirement. This course is NOT approved for transitional credit. Gibson, Dunn & Crutcher LLP certifies that this activity has been approved for MCLE credit by the State Bar of California in the amount of 1.5 hours and by the Solicitors Regulation Authority to provide in-house CPD training in the amount of 1.50 hours. Application for approval is pending with the Colorado, Texas and Virginia State Bars. Attorneys viewing the webcast as a group will need to sign a CLE attendance list - see registration form for details.