International Financial Reporting
Standards (IFRS)

• September 24, 2010 — New York, NY Register Now!
• December 10, 2010 — Las Vegas, NV Register Now!

Conference Highlights Include:

IFRS IS COMING. BE PREPARED AND STAY UP-TO-DATE ON IMPORTANT TRANSITIONAL ISSUES AND OPTIONS.

International Financial Reporting Standards (IFRS) are gaining rapidly in worldwide acceptance. The process of EU conversion is completed, with Canada and others right behind. It is also common knowledge that the future of financial reporting in the U.S. is aligned with the convergence of US GAAP and IFRS. To plan properly for the future, reporting companies need answers to the following questions:

• How much influence will US GAAP have on IFRS and vice versa?
• What are the significant differences between US GAAP and IFRS?
• What are the reasons for choosing or avoiding either method?
• What are the likely pitfalls?

Key topics include:

• Revenue recognition and numerous additional income statement issues
• Asset impairment, including goodwill and intangibles
• Recent developments in standards and global acceptance
• Transitioning from GAAP to IFRS
• Business combinations and consolidation
• Financial instruments and hedging

This one-day comprehensive course on IFRS will assume an intermediate knowledge of US GAAP, and move rapidly to the key issues in the application of IFRS.

Agenda

Times	Topics
8:30am - 9:15am	REVENUE RECOGNITION Identifying contracts with a customer Identifying "performance obligations" Measurement of the transaction price and performance obligations Recognizing revenue
9:15am - 10:00am	FINANCIAL STATEMENT PRESENTATION Earnings per share Discontinued operations New financial statement formats and disclosures
10:00am - 10:15am	Coffee Break
10:15am - 11:45am	OFF-BALANCE SHEET FINANCING TOPICS Leases Joint Ventures Consolidation, derecognition and special-purpose entities (SPEs)
11:45am - 12:45am	Luncheon
12:45pm - 1:45pm	EXPENSE-RELATED TOPICS Income Taxes Post-employment benefits Contingent liabilities
1:45pm - 3:45pm (15 minute coffee break included)	FINANCIAL INSTRUMENTS Classification and measurement of financial liabilities Impairment Hedge Accounting Financial instruments with characteristics of equity
3:45pm - 4:15pm	FAIR VALUE MEASUREMENT GUIDANCE Definition of "fair value" Market and market participants assumptions Liability measurement Valuation techniques Fair value hierarchy Disclosures
4:15pm - 4:45pm	THE CONCEPTUAL FRAMEWORK PROJECT Decisions on project phases currently underway Proposed key definitions Overview of project phases waiting to be started
4:45pm - 5:00pm	QUESTION AND ANSWER SESSION
5:00pm	ADJOURNMENT

View 2010 IFRS Brochure