Financial Accounting & Reporting Update (in Boston) (faru boston)

Venue: Boston Marriott Copley

Location: Boston, Massachusetts, United States

Event Date/Time: Jun 09, 2011 End Date/Time: Jun 10, 2011
Registration Date: Jun 09, 2011
Early Registration Date: Apr 24, 2011
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Financial Accounting & Reporting
Update Conference
We are seeing an unprecedented level of major accounting changes from US and international standard-setters. This conference will address the latest developments in key areas. The format of pairing panelists from industry and public accounting is designed to give a fuller perspective.
Learning Objectives:

* Understand the latest accounting changes in key areas
* Recognize the timelines and key factors
* Begin to assess the effects of these standards on your company or clients

Registration Information:

Register Now » Cost $895
Discounts are shown at checkout:
Save $100 if you book at least 45 days in advance
Save another $100 if you are one of first 25 to register
(Both discounts are still available)
You can also register by phone, call (877) 440-0227
or Email registration questions to
Agenda: DAY 1
8:00 8:45 Continental Breakfast and Registration
8:45 10:15 Revenue Recognition
Update on latest developments, amendments and EITFs
New broad principles to replace most of current guidance
Resulting changes to sales/operations/IT/accounting policies
10:15 10:30 Break
10:30 12:00 Leases
Changes from perspective of lessor/lessee
Lease terms defined
Scope of the proposed standard
The future of lease accounting
12:00 1:00 Lunch
1:00 3:00 Accounting for Financial Instruments
Financial Instruments Project overview
Classification, measurement and impairment: FASB vs. IASB
Impairment redeliberations
Financial Instruments with characteristics of equity
3:00 3:15 Break
3:15 5:00 Fair Value Accounting
Recent fair value developments
Valuation considerations for non-financial assets
Audit considerations
The future of fair value
Agenda: DAY 2
8:15 10:15 Regulatory Update
Financial Regulatory Reform: Dodd-Frank Act
SEC Enforcement trends
SEC Comment Letter Trends
SEC Staff Review process: heightened demand for disclosures
10:15 10:30 Break
10:30 12:00 Financial Accounting Update
Timeline of FASBs Major Projects
Update of FASB/IASB's recent joint activites and decisions reached to date
EITF Update
12:00 1:00 Lunch
1:00 2:00 Consolidations
Evaluation "power to direct"
Performing the consolidation analysis
Considerations for investment companies
2:00 3:00 Business Combinations Scope of ASC 805
Recognizing and measuring assets acquired and liabilities assumed
Income tax considerations
Disclosure requirements
3:00 3:15 Break
3:15 4:30 IFRS Update Regulatory and convergence updates
Accounting-based conversion challenges
Statutory reporting opportunities and considerations
What are U.S. companies doing now?
Conference series speakers include:

Tom Adams, KPMG
Director in Accounting Advisory Services and designated
as KPMG Financial Instruments and Derivatives Firm Resource

John Benedetti, PricewaterhouseCoopers
Director in Transaction Services Group

Renee Bomchill, Deloitte & Touche
Partner in Financial Accounting & Reporting Services Practice

Mary Hansen, US Securities and Exchange Commission (SEC)
Assistant Regional Director

Scott Hickson, Ernst & Young
Senior Manager in National Office with primary emphasis of revenue recognition

Chris Lohin, SAP America
Senior Finance Director and Head of Revenue Recognition for the US & Canada

David Lynn, Morrison Foerster
Partner and former SEC Chief Counsel

Jamie Mayer, Grant Thornton
Executive Director in Accounting Principles Consulting Group (former FASB practice fellow)

Jonathan Nus, Standard & Poor's Rating Service
Director with focus on how financial statement information is analyzed

Sarah Rich, SunTrust Banks, Inc.,
Accounting Consultations Group with particular emphasis on financial instruments

Tim Schott, Deloitte & Touche
Partner in Financial Accounting & Reporting Services Practice

Mark Sitlinger, Ally Financial (formerly GMAC)
Director of Accounting Policy

Arie Wilgenburg, Deloitte & Touche
Partner in the firm's National Office Accounting Consultation Group

Peter Wilm, Deloitte & Touche
Partner in Financial Accounting & Reporting Services Group
(former Executive VP at MBNA America Bank and Professional Accounting Fellow at the OCC)


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