LEARNING OBJECTIVES:

Understand the latest accounting changes in key areas

Recognize the timelines and key factors affecting the life science industry

Begin to assess the effects of these standards on your company or clients

REGISTRATION INFORMATION:

Cost $795 (save $200 off the $995 fee if you register by August 26 – deadline extended)

Use the discount code CORPDISC when booking your room at the Dolce for 25% discount

REGISTER NOW »

You can also register by phone 610 789-3110

Agenda: DAY 1

8:00        8:45        Continental Breakfast and Registration

8:45        10:15     Revenue Recognition Accounting ASC 606

Impact on life science companies

Summary of new standard

Implementation considerations

Key Areas of Impact

10:15     10:309:40             Break

10:30     12:00     Technical Accounting Update

Update on latest relevant developments, amendments and EITFs

What Is the SEC staff looking for?

Meaningful MD&A

FASB Update

Non-GAAP

R&D Accounting

Revenue and Return Reserves

Hedge Accounting

Gross to Net

12:00     1:00        Lunch

1:00        2:15        Accounting for Leases

Main provisions of new standard vs. current guidance

Identify financial statement presentation and disclosures required by the new rules

Operational impact

2:15        2:25        Break

2:25        3:40        SEC Update

Latest Hot Buttons

Enforcement Trends

SEC Comment Areas

3:40        4:10        Introductions

4:10        4:15        Break

4:15        5:30        Cybersecurity/Social Media Risk

Phishing, Malware, Physical, Through Business Partners and Via New Technologies - Methods of Attack

Who and why they are targeting your organization

Trends in the industry

Edit

Agenda: DAY 2

8:45        10:30     Accounting for Transactions

Overview and Trends in the Environment

Business vs, Asset

Applying VIE Model

Accounting for Collaborations, Joint Ventures and R&D Funding Arrangements

10:30     10:45     Break

10:45     12:00     IPOs

Management Considerations

Timeline

Current Environment

Transition Issues

Tax and Disclosure Considerations

12:00     1:00        Lunch

1:00        2:00        Tax Issues

Recent Regulatory and Legislative Changes

VAT

R&D Tax Credits

Global Incentives

Common Pitfalls

2:00        3:15        Valuation for Financial Reporting

Fair value accounting

Industry standards for valuation models

Valuing R&D Projects

Valuation and impairment of intangible assets

3:15        3:30        Break

3:30        4:25        Fraud Risks in Life Science Companies

Third Party Contracts

Recent Industry Problem Areas

Anti-Bribery and Corruption

Reputational Risk

Conference series speakers include:

Brian Jobe, Deloitte & Touche

Partner in Deloitte & Touche LLP’s Financial Accounting and Reporting Services practice, and currently leads the practice’s efforts related to the Life Sciences industry.
For the past eleven years, Brian has provided accounting policy, transaction structuring, technology, and other consulting services to Fortune 1000 and international companies.

John McKenna, Cooley


Partner

Cathy Coste, Deloitte & Touche


Partner

Michael Formolo, Ernst & Young

Partner

Lindsey Piziali, PwC

Partner

Connie Dias, Connor Group

Partner

Alice Dan Zhang, Deloitte & Touche

Audit Senior Manager

Traci Mizoguchi, Deloitte & Touche

Senior Manager

Amit Chhikara, Deloitte & Touche

Senior Manager

Prateep Menon, Deloitte & Touche

Partner

Camron Uhr, Deloitte & Touche

Senior Manager

Rich Milo, Deloitte & Touche

Principal in Enterprise Risk Services