Sixth Annual Financial Reporting Conference
| When |
May 03, 2007
from 07:30 AM to 06:00 PM |
|---|---|
| Where | Newman Vertical Campus, 14-220 |
| Contact Name | Matthew LePere |
| Contact Phone | 646-312-3231 |
| Add event to calendar |
|
AGENDA
May 03, 2007
WELCOME AND INTRODUCTION - 8:15 to 8:30 am
KATHLEEN WALDRON - President, Baruch College
NORMAN N. STRAUSS - Ernst and Young Executive Professor-in-Residence, Baruch College
OPENING REMARKS - 8:30 to 9:15 am
ROBERT HERZ - Chairman, Financial Accounting Standards Board (FASB)
CONRAD HEWITT - Chief Accountant, Securities and Exchange Commission (SEC)
PANEL 1: CURRENT DEVELOPMENTS AT THE SEC - 9:15 to 10:40 am
JAMES L. KROEKER - Deputy Chief Accountant, SEC
SUSAN G. MARKEL - Chief Accountant, Division of Enforcement, SEC
CAROL STACEY - Chief Accountant, Division of Corporation Finance, SEC
PANEL 2: CURRENT PRIVATE SECTOR DEVELOPMENTS - 11:00 am to 12:25 pm
MICHAEL P CANGEMI - President and CEO, Financial Executives International (FEI)
JAMES JOHNSON - Partner, Deloitte & Touche LLP, Member EITF
LESLIE SEIDMAN - Board Member, FASB
LUNCHEON ADDRESS - 12:25 to 2:00 pm
THOMAS RAY - Chief Auditor, PCAOB
PANEL 3: COMPLEXITY IN FINANCIAL REPORTING - 2:00 to 3:40 pm
JAN HAUSER - PricewaterhouseCoopers LLP
ROBERT HERZ - Chairman, FASB
SCOTT TAUB - Partner, Financial Reporting Advisors
ROBERT LAUX - Director of Financial Accounting and Reporting, Microsoft, Inc.
PANEL 4: FAIR VALUE IMPLEMENTATION - 4:00 to 5:15 pm
JAMES W. BARGE - Senior Vice President and Controller, Time Warner
DON CHARLES - Partner, Ernst & Young LLP
LESLIE SEIDMAN - Board Member, FASB
MARK NORTHAM - Partner, KPMG LLP
GREG JONAS - Managing Director, Moody's Investors Service
BINDER MATERIAL
OPENING REMARKS
PANEL 1: CURRENT DEVELOPMENTS AT THE SEC
- Current Accounting Initiatives and Topics (Jim Kroeker's Slides)
- SEC Enforcement Division (Susan Markel's Slides)
- Division of Corporation Finance (Carol Stacey's Slides)
- Remarks before the 2007 Conference on Principles-Based Accounting and the Challenges of Implementation by Jim Kroeker
- Current Accounting and Disclosure Issues in the Division of Corporation Finance*
PANEL 2: CURRENT PRIVATE SECTOR DEVELOPMENTS
- FASB Update (Leslie Seidman's Slides)
- EITF Developments (Jim Johnson's Slides)
- Emerging Issues for Financial Executives (Michael Cangemi's Slides)
- FASB Technical Plan 4/1/07 - 9/20/07
- Deloitte EITF Snapshot March 2007
- Deloitte EITF Snapshot September 2006*
- Deloitte EITF Snapshot November 2006
- Deloitte EITF Snapshot June 2006*
- FERF Current Financial Reporting Trends
- Financial Executives International Comment Letter 2/26/07*
LUNCHEON ADDRESS, THOMAS RAY, PCAOB
PANEL 3: COMPLEXITY IN FINANCIAL REPORTING
- Complexity in Our Financial Reporting System (Robert Herz's Slides)
- Complexity in Financial Reporting: One User's Perspective (Greg Jonas's Slides)
- Complexity Discussion Points (Norman Strauss's slides)
- Testimony Concerning Fostering Accuracy and Transparency in Financial Reporting by Scott Taub
- FEI's Recommendations to Address Complexity in Financial Reporting
- Microsoft Comment Letter 12/2/02
- Microsoft Comment Letter 9/7/04*
- Microsoft Comment Letter 4/28/06
PANEL 4: FAIR VALUE IMPLEMENTATION
- Fair Value Developments (Leslie Seidman's Slides)
- Fair Value Definition (Don Charles's Slides)
- The Fair Value Option (Mark Northam's Slides)
- Fair Value Discussion Points (Norman Strauss's Slides)
- Summary of FASB Statement No. 157
- Summary of FASB Statement No. 159
- Ernst & Young's Summary of FASB Statement No. 157*