Acumen

A Comprehensive Examination for Canadian Reporting Entities on First Time Adoption Of IFRS Standards and Related Operational Considerations

Canadian GAAP is being eliminated. For Canadian companies reporting in the U.S. the impetus to implement IFRS may never be stronger than it is now as the SEC is moving quickly to accept financial statements prepared according to IFRS standards. In addition, there are transitional requirements that require reporting in 2008 and, for effective compliance, you will need comparative information for 2010. The transition process will be complex and challenging as a wholesale GAAP conversion will require extensive planning and comprehensive integration with all departments and systems.

For mining companies in particular, the implementation will be demanding as there is currently no specific standard in place, and there will likely not be one in place at the date of conversion. Companies are still, however, required to certify financial statements and transition to IFRS by 2011. These challenges will be thoroughly highlighted and explored in this two-day information-packed conference designed specifically for the mining industry in Canada.

IFRS For Mining Companies – Business and Implementation Strategies has been specifically tailored to meet your immediate information needs for initial planning of this monumental challenge. This conference will lead you through the project planning process and highlight critical ancillary topics that are often under-estimated.

IFRS For Mining Companies – Business and Implementation Strategies provides the most complete examination of this challenging process that you will find in Canada. With an operations focus on transition and implementation, this event will walk you through

Understanding the AcSB plan and what to expect from standard setters
An update on the IASB Extractive Activities Project
Placing IFRS within the North American corporate governance and financial reporting context
Profile of an IFRS conversion – a project management approach
Adoption of IFRS 6 – implementation and transition issues
Mining accounting under IFRS
Fair value accounting and specific issues of concern
First time adoption of IFRS – a mining perspective
Impairment: measurement, recognition and allocation
IFRS disclosure and presentation - increased and more frequent disclosures
Income tax implications of IFRS
IFRS for joint ventures, partnerships and trusts

As well, there will be two half-day, practical workshops that will enable you to work with experts from PricewaterhouseCoopers LLP in IFRS Project Planning and Implementation and, also, Applied Mining Issues under IFRS. These in-depth sessions will give you a greater applied knowledge to tackle your own situation. Please see the detailed workshop outline enclosed for full information on these sessions.

This signature event provides a first-hand opportunity to hear from, and speak with, leading national experts on IFRS. By working with PricewaterhouseCoopers exclusively, this event will be the most comprehensive, thorough conference of its kind Canada as duplication of material and adherence to the central objective will be maintained. Quality of information and the opportunity to ask questions of the speakers will of paramount importance for this conference and for your learning experience. In addition, you will have a unique opportunity to meet with your peers to discuss how they are responding to the challenges of this major development in accounting and financial reporting.

Finally, I cannot emphasize enough the importance of turning your mind now to the demands of IFRS convergence. This is much larger than a simple technical accounting exercise. Take advantage of the valuable information available at this conference to stay on top of all the accounting and reporting developments confronting you in 2008 and beyond.

Sincerely,

Robert M. Hirsch

President

Acumen Information Services

PS: Compare IFRS for Mining Companies to other similar events and you will find that our conference covers far more critical material that you need NOW.



	IFRS for Mining Companies-Business Issues and Implementation Strategies A Comprehensive Examination for Canadian Reporting Entities on First Time Adoption Of IFRS Standards and Related Operational Considerations Sept 16 - 18, 2008 • Toronto • The Grand Hotel Canadian GAAP is being eliminated. For Canadian companies reporting in the U.S. the impetus to implement IFRS may never be stronger than it is now as the SEC is moving quickly to accept financial statements prepared according to IFRS standards. In addition, there are transitional requirements that require reporting in 2008 and, for effective compliance, you will need comparative information for 2010. The transition process will be complex and challenging as a wholesale GAAP conversion will require extensive planning and comprehensive integration with all departments and systems. For mining companies in particular, the implementation will be demanding as there is currently no specific standard in place, and there will likely not be one in place at the date of conversion. Companies are still, however, required to certify financial statements and transition to IFRS by 2011. These challenges will be thoroughly highlighted and explored in this two-day information-packed conference designed specifically for the mining industry in Canada. *IFRS For Mining Companies – Business and Implementation Strategies* has been specifically tailored to meet your immediate information needs for initial planning of this monumental challenge. This conference will lead you through the project planning process and highlight critical ancillary topics that are often under-estimated. *IFRS For Mining Companies – Business and Implementation Strategies* provides the most complete examination of this challenging process that you will find in Canada. With an operations focus on transition and implementation, this event will walk you through Understanding the AcSB plan and what to expect from standard setters An update on the IASB Extractive Activities Project Placing IFRS within the North American corporate governance and financial reporting context Profile of an IFRS conversion – a project management approach Adoption of IFRS 6 – implementation and transition issues Mining accounting under IFRS Fair value accounting and specific issues of concern First time adoption of IFRS – a mining perspective Impairment: measurement, recognition and allocation IFRS disclosure and presentation - increased and more frequent disclosures Income tax implications of IFRS IFRS for joint ventures, partnerships and trusts As well, there will be two half-day, practical workshops that will enable you to work with experts from PricewaterhouseCoopers LLP in IFRS Project Planning and Implementation and, also, Applied Mining Issues under IFRS. These in-depth sessions will give you a greater applied knowledge to tackle your own situation. Please see the detailed workshop outline enclosed for full information on these sessions. This signature event provides a first-hand opportunity to hear from, and speak with, leading national experts on IFRS. By working with PricewaterhouseCoopers exclusively, this event will be the most comprehensive, thorough conference of its kind Canada as duplication of material and adherence to the central objective will be maintained. Quality of information and the opportunity to ask questions of the speakers will of paramount importance for this conference and for your learning experience. In addition, you will have a unique opportunity to meet with your peers to discuss how they are responding to the challenges of this major development in accounting and financial reporting. Finally, I cannot emphasize enough the importance of turning your mind now to the demands of IFRS convergence. This is much larger than a simple technical accounting exercise. Take advantage of the valuable information available at this conference to stay on top of all the accounting and reporting developments confronting you in 2008 and beyond. Sincerely, Robert M. Hirsch President Acumen Information Services PS: Compare IFRS for Mining Companies to other similar events and you will find that our conference covers far more critical material that you need NOW.