The contents of this presentation are confidential. Copyright © 2018 Workiva.

Cutting-Edge Risks: A Roundtable Discussion on the Future of Disclosures

Questions

Qualifying for CPE

Presenters

Joseph HowellVice President of Strategic Initiatives Workiva

Jeanette FranzelFormer Board MemberPCAOB

Erika KelleyExternal Reporting ControllerIntel Corporation

Eric RiggiDirectorSEC Reporting andSOX Compliance

Agenda1. Lessons learned from revenue recognition and how to apply

them to leases and CECL

2. Disclosure trends, including critical audit matters

3. Reporting process improvement and best practices

4. Cyber, cloud, and related issues

CPE Question #1Tell us about your employer

A. Private company

B. Public company

C. Government, academic, or not-for-profit

D. Retired or currently not employed

Important Lessons Learned & How to Apply Them1. Most important lessons learned from ASC 605 vs. 606

A. Process and controls B. Data and software C. DisclosureD. Audit

2. How do those lessons apply to:A. Leases B. CECL

CPE Question #2What is your primary role?

A. Financial reporting

B. Internal audit

C. Internal controls

D. Other

Disclosure Trends1. Current regulatory and standard initiatives

2. Disclosure trends and best practicesA. Intel approach B. Financial services exampleC. Boilerplate, defensive, operating metrics, and other disclosure issuesD. SEC comments

3. Auditor approaches and preparation for critical audit matters (CAMs)

CPE Question #3What is the primary technology tool that supports your disclosure process?

A. Desktop tools such as Microsoft® Excel, Word, and PowerPoint

B. Homegrown system/application

C. GRC software solution

D. Other systems

E. All of the above

Microsoft Excel, Word, and PowerPoint are registered trademarks of Microsoft Corporation in the United States and/or other countries.

Reporting Process Improvement and Best Practices

1. Steps to improve disclosure quality

2. Steps to improve ICFR and disclosure control

3. How to use technology to improve process and remediate risk

Cyber, Cloud, and Related Issues 1. Who owns cyber, and how does it trickle through the company?

2. What does the transition from on-premises to cloud look like?

3. What impact have you seen on your risk environment, including enterprise-level and control risks?

CPE Question #4Which disclosure area or topic do you see as a top risk in 2019?

A. Revenue recognition

B. Critical audit matters

C. Improving disclosure quality

D. Other

The contents of this presentation are confidential. Copyright © 2018 Workiva.

Questions?webinars@workiva.com