Acumen

Effective tax risk identification and management including IFRS convergence risks
Understanding IAS 12 and key differences in the Exposure Draft
Technical issues to address in IAS 12/ED and uncovering the tax effects of key IFRS standards
Specific issues in income tax accounting and reporting for oil and gas companies
Transfer pricing - compliance practices and IFRS convergence
Consolidating global operations for tax accounting purposes
IFRS impact on international tax and U.S. Federal/State taxes
Uncertain tax positions – SEC reporting and Canadian GAAP/IFRS differences
Planning and compliance for business combinations – the tax issues

This signature event provides a first-hand opportunity to hear from, and speak with, leading national experts on tax risk management, income tax accounting and IFRS about these issues in your organization. In addition, you will have a unique opportunity to meet with your peers to discuss how they are responding to the challenges of this critical aspect of IFRS planning and ongoing financial reporting compliance.



	INCOME TAX ACCOUNTING & REPORTING - CURRENT COMPLIANCE & IFRS CONVERSION Including Key Issues For Oil & Gas Companies September 9 – 10, 2009 • Calgary Conference Overview Tax departments continue to face the demands of accelerating accounting and regulatory developments along with the constant pace of change in tax law and regulation. As well, the impending conversion to IFRS in Canada presents significant tax challenges as the basis of accounting and requirements for ongoing valuation differ in many significant ways from Canadian GAAP. Some of these challenges are a direct consequence of IFRS tax accounting while others are more nuanced as business processes and valuation methodologies change under IFRS. One thing is clear, however, from all organizations that have undergone the IFRS adoption process: the tax implications are significant and the tax function must be involved at the onset of the process. Further, on March 31st, the IASB issued its long-awaited exposure draft on revisions to IAS 12. As you continue to prepare for your IFRS conversion, the developments in this draft standard will have a significant impact on efforts to align your tax department and related processes for adopting IFRS. The issue of Uncertain Tax Positions/deferred taxes was not specifically addressed by the new standard. All of these new developments will have an impact both on Canadian organizations planning their IFRS conversion or who report to U.S. regulators and tax authorities. Income Tax Accounting and Reporting – Current Compliance & IFRS Conversion has been specifically developed to take a comprehensive, integrated look at tax risks and financial reporting from two critical perspectives: 1. Provide an up-to-date summary of recent tax accounting and !!!!!!!!!reporting developments, and 2. Profile IFRS conversion issues from a tax accounting !!!!!!!!!perspective. Income Tax Accounting and Reporting – Current Compliance & IFRS Conversion has been tailored to address the important questions you need answered in order to design and implement tax processes and controls to meet the requirements for complex reporting and interdepartmental coordination of information and data flows. This event will walk you through Effective tax risk identification and management including IFRS convergence risks Understanding IAS 12 and key differences in the Exposure Draft Technical issues to address in IAS 12/ED and uncovering the tax effects of key IFRS standards Specific issues in income tax accounting and reporting for oil and gas companies Transfer pricing - compliance practices and IFRS convergence Consolidating global operations for tax accounting purposes IFRS impact on international tax and U.S. Federal/State taxes Uncertain tax positions – SEC reporting and Canadian GAAP/IFRS differences Planning and compliance for business combinations – the tax issues This signature event provides a first-hand opportunity to hear from, and speak with, leading national experts on tax risk management, income tax accounting and IFRS about these issues in your organization. In addition, you will have a unique opportunity to meet with your peers to discuss how they are responding to the challenges of this critical aspect of IFRS planning and ongoing financial reporting compliance.