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 20-21 Washington, DC The Ritz-Carlton, Pentagon City December 15-16 New York City Sheraton New York Hotel and Towers December 16-17 San Francisco The Ritz-Carlton, San Francisco

Optional Add-On Programs

IFRS Conference: Today's Landscape... Tomorrow's Challenge December 17 New York, NY Sheraton New York Hotel & Towers The Fair Value Challenge: SFAS 157 & SFAS 159 In Depth Conference December 17-18 New York, NY Sheraton New York Hotel and Towers Implementing SFAS 141R & 160: Business Combinations & Noncontrolling Interests November 19 San Diego, CA The Westin Gaslamp Quarter December 15 San Francisco, CA The Ritz-Carlton, San Francisco December 19 New York, NY Sheraton New York Hotel and Towers Implementing SFAS 123R: Share-Based Payments December 18 San Francisco, CA The Ritz-Carlton, San Francisco

24th Annual National SEC Reporting Conference

  Two days — 18 CPE credits

The must-attend event for preparers of corporate financial statements. Keynote speakers will join senior SEC and FASB officials and other nationally recognized experts to cover everything you need to know about the changing financial landscape.

CONFERENCE AGENDA

DAY ONE

7:30 a.m. - Registration & Breakfast

8:15-8:30 a.m. - Welcome & Program Introduction

8:30-9:00 a.m. - A Look at Current Events and Beyond

Carol Stacey reviews key 2008 issues that will affect your year-end disclosure while forecasting trends poised to alter the financial reporting landscape in 2009.

9:00-11:15 a.m. - The Division of Corporation Finance Speaks: SEC Reporting Update

• Update on recent rulemaking activity

• Update on staff reviews and plans for 2009

• Areas generating staff review comments most frequently

  • Financial instruments – Impairment & valuation challenges and disclosures

  • Fair value measurement issues and disclosure

  • Use of experts and consents

  • Business combinations, intangibles, and impairment

  • Revenue recognition, including presentation related to multielement arrangements

  • Non-GAAP financial measures

  • Financial statement classification issues

  • Earnings per share

  • Contingencies and reserves

  • Segments and related disclosure

  • SEC reporting – Significance test and other updates related to new standards

• Areas generating staff review comments on IFRS – Are they the same as for US GAAP?

11:15-12:15 p.m. - Comments on SEC Comment Letters: Examples of the Staff’s Focus

• Navigating the comment letter database

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

• Tightening disclosure to avoid generating unnecessary comments

12:15-1:45 p.m. - Luncheon & Luncheon Keynote Address

1:45-3:00 p.m. - Business Combinations and Noncontrolling Interests: Final Look Before Implementing SFAS 141R and 160

• Major changes in revised standards

• Potential adoption headaches

• Implementation issues identified

• Disclosures

3:15-4:15 p.m. - Fair Value: Recent SFAS 157 & 159 Implementation Issues and Preparation for 2009

• Interactive discussion of application of FAS 157 and its challenges

• Implementation issues related to financial instruments

• Anticipating application of fair value to nonfinancial assets and liabilities

• Update on the FASB’s valuation resource group

4:30-5:30 p.m. - The Quest for the Best MD&A and CD&A

• Lessons from recent SEC comment letters

• Relevant SEC enforcement actions and securities lawsuits

• Putting the A back in analysis

• How to recognize and disclose “known trends” and “uncertainties”

• Avoiding form over substance issues, i.e. how not to obscure good disclosures

• How to get an “A+” on critical accounting estimates disclosure

• Examples of best practices and practices you want to avoid

• The role of the audit committee and senior management

5:30-7:00 p.m. - Cocktail Reception for Faculty, Participants & Guests

DAY TWO

7:30 a.m. - Breakfast

8:00-10:00 a.m. - FASB Update Part I: Major Projects

• FASB and IASB Convergence Projects

  • Earnings per share

  • Discontinued operations

  • Liabilities and equity

  • Revenue recognition

  • Leases

  • Conceptual framework (with IASB)

  • Financial statement presentation (with IASB)

  • More to come!

• FASB Projects

  • Pensions – Phase II

  • Amendments to FAS 133 – Hedging and disclosure of credit derivatives

  • Securitizations – New model?

  • Loss contingency disclosure

• FASB Accounting Standards Codification

10:15-11:15 a.m. - Introduction to IFRS: Major Differences, Adoption Requirements and the New Roadmap

• Major differences from U.S. GAAP

• The transition to IFRS – Navigating IFRS 1, First Time Adoption of IFRS

• The SEC’s “Roadmap” for U.S. issuers

• Proposals for adoption of IFRS by U.S. issuers

11:15-12:15 p.m. - The Office of the Chief Accountant Speaks: Hot SEC Accounting Topics

• Discussion of final recommendations of Advisory Committee on Improvements to Financial Reporting

• Update on materiality

• Revenue recognition

• Shared-based payment issues, including measurement using market instruments

12:15-1:15 p.m. - Luncheon

1:15-2:15 p.m. - Staying Out of Trouble: SEC Enforcement and Litigation Update

• Sub-prime lending and other areas of financial reporting and disclosure

• Regulation FD: New SEC Guidance

• Rule 10b5-1 plans

• The current litigation landscape

• What typically triggers SEC enforcement actions?

• Mistakes to avoid – SEC and Counsel perspectives

• The meaning of cooperation

2:15-3:15 p.m. - FASB Update Part II: Significant Implementation Issues

• FSPs

  • Determination of the useful life of intangible assets

  • Share-based payments as participating securities

  • Transfers of financial assets and repurchase financing transactions

  • Convertible instruments and amendments to APB 14

• EITF

  • Accounting for collaborative arrangements

  • Convertible instrument issues, including meaning of “indexed to company stock”

  • Accounting by lessees for maintenance deposits

  • EPS guidance for Master Limited Partnerships related to the two-class method

• More activity expected in 2008

3:30-4:30 p.m. - XBRL: Update on Implementation

• Update on rulemaking

• A preliminary look at EDGAR’s replacement: IDEA

• Understanding the taxonomies

• How to tag your financial statements

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
BROCHURE

DOWNLOAD FAX REGISTRATION FORM

CALENDAR

DOWNLOAD LIST OF UPCOMING EVENTS

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