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By Nyasha Foy, Marketing Coordinator
Posted on 9/11/08
NEW YORK-- With the Securities and Exchange Commission (SEC) proposal for a “roadmap” for the adoption of International Financial Reporting Standards (IFRS), it’s become essential that accountants understand the convergence with United States Generally Accepted Accounting Principles (GAAP).
In order to address this urgent need, FAE will host its first International Financial Reporting Standards Conference on Oct. 29 at the FAE Conference Center in New York City.
“The timing is perfect for the inaugural IFRS all day conference,” said Conference Chair Ken Bosin, a financial officer with Deutsche Bank. “We designed the program for those financial executives who are seeking an overview or are new to IFRS to enable them to understand the concepts and to highlight key differences between IFRS and US GAAP. The eight major accounting topics covered will be invaluable to attendees.”
The conference will identify measures to monitor the progress of the proposed transition, which would require U.S. public companies to utilize IFRS when preparing and filing their financial statements.
Sessions include:
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IFRS Implementation: Implications and Approach, presented by Tom Omberg, a partner at Deloitte & Touche and Sherif Sakr, a senior manager at Deloitte & Touche
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Consolidation, presented by Monica Rebreanu, an IFRS specialist at PricewaterhouseCoopers
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Derivatives and Hedging, offered by Michael Gaiso, a CPA with the Accounting Advisory Group at KPMG
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Equity Method Accounting and Joint Ventures, presented by Margaret Ann Wood, a member of the Professional Standards Group at Grant Thornton
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Financial Asset Derecognition, offered by Naveed Rafique, an IFRS specialist at PricewaterhouseCoopers
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Financial Instruments—Recognition and Measurement, presented by Michael Gaiso, a CPA with the Accounting Advisory Group at KPMG
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Income Taxes, presented by Kathie Bugg, a partner at Deloitte & Touche
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Revenue Recognition, by George I. Victor, a partner with Holtz Rubenstein Reminick
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IFRS Introduction, presented by William M. Stocker III, a partner at Marks Paneth & Shron
This conference is designed for CFOs, controllers, and financial executives—especially experienced U.S. GAAP professionals—as well as CPAs in public practice just beginning to establish IFRS capability. Conference attendees will receive eight CPE credits in accounting.
To register, click here or call 800-537-3635.
Click here to view the brochure.
