2010 FINANCIAL ACCOUNTING & REPORTING UPDATE

For Canada/U.S. Compliance and IFRS Conversion
 
An Up-To-Date Examination of Accounting and Regulatory Developments
For Canadian Companies Listed in Canada and/or the U.S.
 
June  3 – 4, 2010 • The Westin Calgary  • Calgary   

  

Conference Overview

Apart from the ongoing volatility in financial markets and the impending conversion to IFRS, the IASB, and our AcSB, is actively revising or developing a number of very significant standards.  There have been several major standards or exposure drafts issued recently that affect your IFRS planning and ongoing business decisions including:

  • Fair Value Measurement Exposure Draft
  • IAS 39 replacement project exposure drafts
  • Provisions including non-financial liabilities
  • Exposure Draft 10 on Consolidations with further developments on joint ventures and de-recognition to come
  • Extractive industries discussion paper

Combined with ongoing business responsibilities and IFRS conversion projects, financial executives are overloaded with technical accounting material to process as they consider current decisions and planning for IFRS conversion.
 
Staying up to date on these developments is a time-consuming and monumental task.  This timely event encapsulates all of these significant developments and brings you right up to date on guidance and developments as well as providing insight as to what to expect in the coming year.  With the increased liabilities and requirements of CEO/CFO Certification regulations and secondary market civil liability, accurate, complete disclosure and reporting has never been more important. 
 
We constantly monitor new and pending developments from accounting standard setters and securities regulators.  The issues for this conference are selected based on their current and near-term importance to financial executives.  The objective of the event is to provide an Executive Update on issues that matter the most to you now for current year-end reporting and 2011 planning.

Hot topics to be addressed this year include

  • IFRS conversion– assessing your progress and “going live”
  • IFRS valuation issues for oil and gas including IASB ED
  • Update on  the AcSB strategic plan  
  • Consolidated financial statements including Exposure Draft 10
  • IFRS for extractive industries – implications of the IASB Discussion Paper
  • Tax and IFRS convergence – impact on the tax life cycle
  • Joint ventures, partnerships and trust conversions
  • Business combinations  – IFRS convergence and the IFRS 3 standard  
  • Financial instruments – conversion issues and IFRS 9 implications
  • Hedge accounting under IFRS with consideration of the ED (if issued)
  • MD&A – IFRS convergence, 52-109 and other hot button issues
  • Provisions and contingences including non-financial liabilities and ARO

This signature event provides a first-hand opportunity to hear from, and speak with, leading national experts on IFRS, financial reporting, internal audit and risk management.  In addition, you will have a unique opportunity to meet with your peers to discuss how they are responding to the challenges of new developments for financial accounting and reporting. Take advantage of the valuable information available at this conference to stay on top of all the accounting and reporting developments confronting you in 2010 and beyond.
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