Advanced SEC/FASB Reporting and
Compliance Course

Conference Highlights Include:

TIMES OF FINANCIAL TURMOIL, IT IS HARDER THAN EVER TO KEEP CURRENT, BUT AT LEAST AS IMPORTANT.

Your company is changing to address demands that were unimaginable a short time ago, so old reporting requirements have to be applied to new situations. In addition, new or modified reporting requirements developed in response to calls for increased transparency require your attention. Attend this two-day conference to build your expertise to ensure that you and your company/clients remain able to achieve disclosures responsive to new reporting requirements and demands from users of financial data.

Agenda

Day 1
Times Topics Speakers
8:45am - 9:30am ON THE REGULATORY HORIZON: SEC
  • International financial reporting standards
    • Increasing global acceptance of IFRS
    • Prospects for convergence and US adoption
    • Foreign private issuer eligibility to file without reconciliation to US GAAP
  • Corporate governance proposals
  • Share repurchases
  • Credit ratings and NRSROs
9:30am - 10:45am ON THE REGULATORY HORIZON: FASB
  • Accounting standards codification
  • Financial instruments
  • Liabilities and equity
  • Financial statement presentation, including Statement of Comprehensive Income
  • Leases
10:45am - 11:00am Coffee Break
11:00am - 12:00pm CURRENT ACCOUNTING AND REPORTING "HOT BUTTONS" AND SEC ENFORCEMENT PERSPECTIVES

Obtain an up-to-the minute review of current activities at the SEC. This session will include a discussion of the types of accounting deficiencies that have led to SEC enforcement actions and examples of recent enforcement actions brought against officers and employees of public companies.
12:00pm - 1:00pm Luncheon - an opportunity to network with speakers and your peers.
1:00pm - 2:30pm
(Coffee Break 2:15 - 2:30) 		BEYOND COMPLIANCE: HOW TO KEEP YOUR MD & A MEANINGFUL IN A CHANGING ENVIRONMENT - INCLUDES A CASE STUDY
  • Liquidity in today's environment - what you need to say!
  • SEC Release No. 33-8040, Cautionary Advice Regarding Disclosure about Critical Accounting Policies
  • SEC Release No. 33-8056, Commission Statement about Management's Discussion and Analysis of Financial Condition and Results of Operations
  • SEC Release No. 33-8098, Proposed Rules regarding Disclosure in Management's Discussion and Analysis about the Application of Critical Accounting Policies
  • SEC Release No. 33-8350, Commission Guidance Regarding Management's Discussion and Analysis of Financial Condition and Results of Operations
  • SEC Release No. 33-9106, Commission Guidance Regarding Disclosure Related to Climate Change
2:30pm - 2:45pm Coffee Break
2:45pm - 3:45pm LATEST DEVELOPMENTS OF THE PUBLIC COMPANY ACCOUNTING OVERSIGHT BOARD (PCAOB)
  • Standard setting process and recent standard setting activities
  • Relationships with the audit committee
  • Inspections
  • Investigations and disciplinary procedures
  • Auditing Standard No. 6, Evaluating Consistency of Financial Statements
  • Auditing Standard No. 7, Engagement Quality Review
  • Standards related to the auditor's assessment of and response to risk
3:45pm - 5:00pm BUSINESS COMBINATION, CONSOLIDATION AND DERECOGNITION ISSUES
  • The new "acquisition method" of accounting for business combinations
  • Noncontrolling interests in consolidated financial statements
  • Accounting for decreases in ownership of a subsidiary
  • Recent changes to accounting for transfers of financial assets and variable interest entities
5:00pm DAY ONE ADJOURNS
Day 2
Times Topics Speakers
8:30am - 10:00am NUTS-AND-BOLTS, BEST PRACTICES OF SECTION 404
  • Top down risk based approach to maximize SEC's management guidance
  • Developing a risk assessment
  • Tone at the top, understanding fraud and assessing fraud risk
  • Using entity level controls to reduce overall effort
  • Ethics and whistleblower best practices
  • Good corporate governance and moving towards enterprise-wide risk management
10:00am - 10:15am Coffee Break
10:15am - 11:45am XBRL: AN ADDITIONAL STEP OR A FUNDAMENTAL CHANGE IN FINANCIAL REPORTING?
  • What is XBRL?
  • SEC ruling: implications for XBRL preparation and considerations
  • XBRL adoption: US and global
  • Beyond compliance and convergence
11:45am - 12:45pm Luncheon - an opportunity to network with speakers and your peers.
12:45pm - 1:45pm OVERVIEW AND RECENT CHANGES TO THE PROXY RULES
  • Executive compensation
    • Incentives and risk taking; Summary Compensation Table
    • Compensation consultant fees
    • Other important disclosures
  • Director and nominee disclosures
  • Corporate governance
    • Board leadership
    • Board's role in risk management
  • E-Proxy, proxy access, withhold votes, shareholder proposals and NYSE Rule 452 elimination
    • Changes in landscape
    • Strategies for compliance, good governance and shareholder relations under the new rules and in the new environment
1:45pm - 2:15pm OTHER RECENT ACCOUNTING GUIDANCE AND EXPOSURE DRAFTS
  • Fair value issues
    • ASU 2010-06, Improving Disclosures about Fair Value Measurements
    • FSP FAS 115-2 and 124-2, Recognition and Presentation of Other-Than-Temporary Impairments
  • Reporting discontinued operations
  • Revenue recognition
2:15pm - 2:30pm Coffee Break
2:30pm - 4:15pm ADVANCED ISSUES FOR ANNUAL REPORTS
  • Segment disclosures throughout the filing
  • Restructurings
    • Accounting
    • MD&A
    • 8-K requirements on impairments and restructurings
    • Changes to accounting for restructurings following a business combination
  • Interaction of market risk disclosures and hedge accounting
    • Recent changes to footnote
    • Hedge accounting topic from exposure draft Accounting for Financial Instruments
4:15pm - 4:45pm QUESTION AND ANSWER SESSION
4:45pm CONFERENCE ADJOURNS
View Fall 2010 SEC & Adv SEC/FASB Brochure.

Earn CPE & CLE credits

Be sure to request credits when you register for your course!

All EEI live seminars and live webinars qualify for CPE credits without additional tests or reading

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Upcoming Programs

Hot Topics Webinar Series: Financial Instruments, Leases, Revenue Recognition

Financial Instruments — Feb. 15, Mar. 23, Apr. 19 — 11:00 am - 1:00 pm EST Leases — Feb. 16, Mar. 21, Apr. 20 — 11:00 am - 1:00 pm EST Revenue Recognition — Feb. 17, Mar. 22, Apr. 18 — 11:00 am - 1:00 pm EST

Our most requested topics -- 2 CPE credits each -- concisely covered with an emphasis on practical steps to take NOW!

24th Annual International Tax Withholding

June 5-6, 2012 — New York, NY

Keep on top of the ever evolving FATCA requirements but do not ignore the potential traps and pitfalls of the CROSSBORDER (“NRA”) WITHHOLDING REGULATIONS. Hear directly from key government and industry players on the current state of play.

26th Annual Payment Card Institute

May 3-4, 2012 — Arlington, VA

Learn how to stay compliant and succeed in today’s changing payment card Industry!

Advanced Due Diligence Practices 2012

May 3-4, 2012 — Las Vegas, NV

Learn the newest techniques to make sure that the deal is right before you make the commitment!