Year after year, an excellent program. I expect to attend this program every year until I retire!

Pamela B. Bruno
Vice President, Controller & CAO
BNP Residential Properties, Inc.
Charlotte, NC

To register online, click the city below. To register by fax, click here. For hotel information, click here.

November 15-16 Washington, DC Ritz-Carlton, Pentagon City December 2-3 San Diego Omni December 13-14 San Francisco Ritz-Carlton December 20-21 New York Marriott Marquis

Optional, Value-Added Programs

Accounting for Business Combinations December 15 San Francisco The Rtiz-Carlton December 22 New York Marriott Marquis Revenue Recognition In Depth December 15-16 San Francisco The Rtiz-Carlton December 16-17 New York Marriott Marquis

26th Annual National SEC Reporting Conference

  Two days — 18 CPE credits

AGENDA

DAY 1

7:30 a.m. – Registration & Networking Breakfast

8:00 - 8:15 a.m. – Welcome & Program Introduction

8:15 - 10:45 a.m. – The Division of Corporation Finance Speaks: SEC Reporting Update

• Update on recent rulemaking and other activity

• Update on staff reviews

• Frequent staff comment areas

  • Fair value measurement and disclosure

  • Securities impairment - OTTI

  • Revenue recognition

  • Goodwill and intangibles impairment

  • Segments

  • Debt

  • Income taxes

  • Consolidations

  • Pensions

  • Retroactive application of accounting standards

  • More!

9:45 - 10:00 a.m. – Morning Break

10:45 - Noon – SEC Comment Letters:  Recent Examples of Hot Buttons

• Navigating the comment letter database

• Comment letter themes

• Following a major comment from the initial letter & comment trigger to resolution

• Tips to avoid a prolonged comment process

• Avoiding unnecessary comments

Noon - 1:30 p.m. – Luncheon & Luncheon Keynote Address

1:30 - 2:30 p.m. – MD&A: Crafting Informative Disclosure in Times of Uncertainty

• The critical role of liquidity and cash flow in a challenging yet recovering credit environment

• Trend and risk disclosure – Alerting investors while protecting the company

• Critical accounting estimates - jettisoning the junk and crafting meaningful disclosure

• New Sources of Disclosure “requirements’ – Debt covenants, climate change, Congressional activity…

• Beyond the Checklist: Prescriptive v. principles-based disclosure

• Recent SEC comment examples

• The role of the audit committee and senior management

• Lessons from SEC enforcement actions and securities lawsuits

2:30 - 2:45 p.m. – Afternoon Break

2:45 - 4:00 p.m. – Disclosure Changes for Your Upcoming Annual Report

• FASB’s updated guidance on Disclosure of Certain Loss Contingencies

• Non-GAAP measures: Disclosing your important metrics and addressing SEC concerns

• What’s new for proxies?

• Disclosure effects of the Dodd-Frank Wall Street Reform and Consumer Protection Act, including:

  • Disclosure of ratings information

  • Executive Compensation

4:00 - 5:00 p.m. – Staying Out of Trouble: SEC Enforcement and Litigation Update

• Changes in the reinvigorated Division of Enforcement

• Priorities amid an increasing caseload

  • Financial fraud

  • Subprime investigations

  • FCPA

  • Insider trading

• The current litigation landscape

  • What makes a case criminal?

• What typically triggers SEC enforcement actions?

• Mistakes to avoid– SEC and Counsel perspectives

• Analysis of recent enforcement cases

• Cooperation and defense strategies

  • New SEC tools to encourage greater cooperation

5:00 – 6:00 p.m. – Welcome Reception for Faculty and Participants

DAY 2

7:30 a.m. – Networking Breakfast

8:00 - 9:30 a.m. – The FASB/IASB and EITF Update

• Convergence status and progress on the Memorandum of Understanding

• Major Convergence Projects with 2011 Estimated Completion Dates

  • Financial statement presentation

  • Fair value measurement

  • Consolidations

  • Debt vs. equity

• Recently Completed Projects and other Near-Term Projects

  • Disclosures about credit quality, effective now!

  • Goodwill impairment testing

  • Statement of comprehensive income

  • Going concern

  • Troubled debt restructuring

  • Reporting discontinued operations

  • Balance sheet – Offsetting

  • Various other EITF issues and ASUs (Accounting Standards Updates)

• Effective date and transition decisions

• Conceptual Framework Project

• Disclosure Framework Project

• Heads-up on Industry-Specific Guidance

9:30 - 9:45 a.m. – Morning Break

9:45 - 11:30 a.m. – Roundtable Discussion: Get Ready for the Upcoming FASB Tsunami

• Leases

• Financial instruments

• Statement of comprehensive income

• Revenue recognition

11:30 - 12:30 p.m. – The Office of the Chief Accountant Speaks:  Hot Accounting Topics

• Practice issues attracting OCA attention

• Update on the roadmap to IFRS, status of the SEC staff’s work plan for Global Accounting Standards

• Recent and anticipated future changes in staff guidance, including Staff Accounting Bulletins

• Other projects

12:30 - 1:30 p.m. – Luncheon

1:30 - 2:45 p.m. – Concurrent Sessions (Choose one)

   Session A:  Recent Developments in Revenue Recognition—Effective Now!

• Discussion of recent EITF issues and implementation issues

• The pitfalls of ignoring software elements of your products

• Multiple element arrangements – They’re everywhere!

• Complying with the new disclosures

   Session B:  Understanding Valuations

• Review of valuation methodologies and how to select the right one(s)

  • When to use more than one and how to weight them

  • Examples of assets/liabilities and common measurement techniques

• Tips on preparing your own valuation or how to know when you need help

  • Help is on the way from the VRG and updated valuation practice aids

• I use a valuation specialist, so:

  • How do I make sure they are competent?

  • After I hire them, what else do I have to do?

• Understanding how to evaluate inputs/assumptions for reasonableness

• How to ensure your auditor is comfortable with the valuation, use of pricing services, and the like

• Navigating the disclosure maze

2:45 - 3:00 p.m. – Afternoon Break

3:00 - 4:30 p.m. – XBRL Update

• Implementation issues for first-timers

• The major challenges of Year 2 tagging

• What’s new with the taxonomies

4:30 p.m. – Adjournment

Learning Objective: To update corporate financial executives on the more important financial and other management issues that impact their areas of responsibility over the near term and for year-end reporting
Delivery Method: Group-Live
Prerequisites/Advance Preparation: None
Program Level: Overview

DOWNLOAD
EARLY BIRD ANNOUNCEMENT

DOWNLOAD FAX REGISTRATION FORM

CALENDAR

DOWNLOAD LIST OF UPCOMING EVENTS

Adobe Acrobat Reader® is required to download. Click the icon to get it free.