Russia-Ukraine conflict summary 2022

Considerations Arising from Russia’s Invasion of Ukraine

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Many public companies began preparation for submitting quarterly reports on Form 10-Q for the second quarter of the 2022 calendar. When they do so, they must review and consider guidelines for the US Securities and Exchange (SEC) for public companies regarding disclosure relating to those related to disclosure Related to the disclosure of Russian invasion to Ukraine. This guide includes a list of disclosure considerations, as well as a sample letter that highlights the types of comments that can be issued during the process of reviewing.

Guidelines show that, as far as material or needed, public companies must include detailed disclosures in periodic reports regarding:Direct or indirect exposure to Russia, Belarus, or Ukraine, including:

Legal uncertainty or regulations resulting from new events, such as maintenance of patents or other
This guide also shows that the company’s financial statements must reflect and reveal the impairment of assets, changes in inventory assessment, deferred tax asset assessment allowances, disposal or exit business lines, changes in currency exchange rates, contract changes with customers, and challenges by collecting receivables because Russian invasion.

This guide reminds companies that have experienced increased cyber security risk, an increase or challenges of sustainable supply chains, and volatility related to commodity trading prices due to Russian invasion to Ukraine to consider expressing things like that, regardless of whether they have direct operations or Not directly in Russia in Russia, Belarus, or Ukraine. In addition, companies must consider how these things affect:

The Role of the Council in Risk Supervision of Action or Lighting of Anything related to the Russian invasion of Ukraine, including consideration whether to continue or stop operations or investment in Russia and/or berarus.

This guide includes a sample letter that highlights comments that SEC can publish during a selective review of periodic submissions and registration statements. These comments can request a revision or update for company submission in the following categories:

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