To mitigate legal risk, in-house and external counsel serve a critical oversight role to ensure the accuracy of nonfinancial information (NFM) and the integrity of data and processes supporting NFM disclosures.
In Law360, Jonny Frank and Michael Yachnik present the five critical steps counsel should take to ensure their companies and clients meet NFM reporting expectations. As the co-authors point out, “time is of the essence because chances are these steps will identify gaps and controls deficiencies the organization must remediate now to avoid inaccurate disclosures later.”
