Think 2012 is far away? It’s closer than you realize! As the world moves ever closer to economic interdependence IFRS once again moves to front and center on the accounting radar scope. The actual adoption & will likely be an incredibly complex multi-phased, multi-team effort involving the coordination of accounting, human resources, information technology, investor relations and business development teams. The Knowledge Group has assembled a team of key thought leaders and experts to help make sense of the most important issues.
IFRS LIVE webcast: Adoption & Implementation NOW! Is a must attend event for any professionals responsible for understanding and implementing IFRS at theirs or their clients firms.
Course Level: Intermediate
Prerequisite: None
Method Of Presentation: Group-Based-Internet
Developer: The Knowledge Conference
Recommended CLE/CPE Hours: 2.0
(Please note, your State Bar or Accounting Board will make the final determination with respect
to continuing education credit.)
Advance Preparation: Print and review course materials
Course Code: 093848
Kathryn Ingram, CA
Director of Professional Standards
Maciej Piechocki
XBRL Technology Project Manager
Walter G. Ricciardi
Partner, Former Deputy Director, Division of Enforcement, U.S. Securities and Exchange Commission
Ms. Donna K. Norman
Counsel to the Director and Deputy Directors, Division of Enforcement
Robert J. Laux
Senior Director, Technical Accounting and Reporting
John A. Hepp
Partner
Kathryn Ingram, CA, Director of Professional Standards, MSCM LLP
- The road to transition to IFRS: A Canadian perspective
- Challenges faced in adequately planning the transition to IFRS
- Regulators increasing expectations on disclosures about IFRS plans
Ms. Donna K. Norman, Counsel to the Director and Deputy Directors, Division of Enforcement, U.S. Securities and Exchange Commission
- A critical pause: Reevaluating the Roadmap in light of a changed economic landscape
- An enforcement perspective: The challenge of consistent interpretation of principles
- Convergence: A more practical enforcement approach
Maciej Piechocki, XBRL Technology Project Manager, IASC Foundation
- The parallel between XBRL adoption and IFRS adoption
- The commitments of the IASB/IASC Foundation in the XBRL adoption
- The role of XBRL in the IFRS implementation
Robert J. Laux, Senior Director, Technical Accounting and Reporting, Microsoft Corporation
- Proposed SEC Roadmap/Comment Letters
- Microsoft’s IFRS Implementation to Date
- Obstacles to Readiness/Key Next Steps
Walter G. Ricciardi, Partner, Former Deputy Director, Division of Enforcement, U.S. Securities and Exchange Commission, Paul, Weiss, Rifkind, Wharton & Garrison LLP
- IFRS: convergence or capitulation
- Principles v. Rules: the impact of detailed guidance on the ability to avoid restatements and defend litigation and investigations
- Will IFRS lead to convergence in auditing standards?
John A. Hepp, Partner, Grant Thornton LLP
- Major standards in the pipeline at the FASB and the IASB
- A brief summary of how those could change current financial reporting practices
- Some indications on where the respective Boards are in the process
- Some views on the implications of the changes for convergence and conversion
- CPAs
- CFOs
- Financial Auditors
- Comptrollers
- Tax Attorneys
- Legal Auditors
- Audit Partners/Consultants
- Management Accountants
- Heads of Finance
- Heads of Accounting and Admin
- Portfolio Managers
- Financial Analyst
- Financial Accounts Manager
- Corporate Senior Management
This is a must attend event to anyone interested in hearing the latest developments and updates of the implementation of IFRS.
- New guidance explained by the most qualified key leaders & experts
- Hear directly from key regulators & thought leaders
- Interact directly with panel during Q&A