In Thomson Reuters Westlaw Article, Akin Gump Lawyers Offer Key Considerations When Preparing Q1 Financial Reports
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The article “COVID-19 Update: Key questions to consider in preparing your Q1 2020 Form 10-Q and earnings release,” written by Akin Gump corporate partners Alice Hsu and Cynthia Mabry, counsel Paul Monsour and Kevin Schott, and associate Tyler Conte has been published by Thomson Reuters Westlaw.
The article, first published as a blog post on Akin Gump’s COVID-19 Resource Center, looks at some important considerations for public companies as they prepare their first quarter disclosures.
Among the authors suggested questions to ask are:
- How has COVID-19 impacted your continuing operations, and what should be disclosed in your Management Discussion and Analysis (MD&A) due to such impact?
- How has COVID-19 impacted your liquidity and access to capital, and what should be disclosed in your MD&A due to such impact?
- If the effects of COVID-19 have triggered an impairment, what type of disclosures are required?
To read the full article, please click here.