Key takeaways

• In this client update, we highlight certain issues U.S. public companies should consider during the 2016 reporting season in connection with the preparation of their annual report on Form 10-K, including:  MD&A trends and uncertainties; audit committee oversight and disclosures; cybersecurity risk; drafting effective risk factor disclosure; the SEC’s disclosure effectiveness mandate; and conflict mineral and resource extraction disclosure.
• A company’s annual report on Form 10-K remains an important tool for communication with shareholders and the public regarding key business, financial and strategic issues.