AGENDA
Adopting IFRS – More than Numbers
Wednesday, November 26, 2008
The Carlu, Toronto, Ontario
Conference Objectives:
· To provide a forum for discussion of conversion issues of interest to senior management and non financial executives
· To provide a full day of sessions that will provide insight on the key issues and challenges that moving to IFRS represents for Canadian organizations
· To help senior Canadian business leaders identify strategies to deal with these issues and position their organizations for 2011
· To specify the lessons that have already been learned from the implementation of IFRS in other countries
Audience
Chief Financial Officers, Vice Presidents of Finance, Controllers or Assistant Controllers, Directors of Finance and Corporate Accounting, Corporate Managers of Financial Reporting and Accounting, and members of Audit Committees, Public Accountants and Auditors, Securities Industry Regulators, Financial Analysts.
CONFERENCE PROGRAM
8:00 - 8:30 Registration and breakfast
8:30 - 8:40 Welcome remarks and introduction of Keynote speaker
Paul Costello, Head of ACCA Canada & USA
8:40 - 9:15 Morning Keynote Address - “The Global Benefits of IFRS’
Tony Ariganello, CEO, CGA Canada
9:30 - 10:45 More than Numbers – Governance & Personnel
· Training and recruiting IFRS qualified accountants
· the Impact on governance
· Understanding the impact IFRS will have on IT systems, processes and resources.
Panelists: Stephen Spector, Gary Porter, and Grant Rowson
Moderator: Tony Ariganello, CEO, CGA-Canada
10:45 - 11:00 Coffee and networking break
11:00 - 12:00 Adopting International Standards on Auditing (ISAs)
· Benefits of adoption of ISAs
· Progress towards ISAs Adoption in Canada – PEs and Non-PEs
· What is happening in the US and in the rest of the world
Ken Krauss, Chair, AASB
12:15 - 1:00 Plated Luncheon
1:00 - 1:30 Luncheon Keynote Address
Richard Aitken-Davies, President, ACCA
1:45 - 3:00 More than Numbers – Communications & Education
How will shareholders be prepared to assess new statements?
Which key internal stakeholders need to prepare for convergence?
What and when to communicate to external stakeholders
Luzita Kennedy, Senior Manager, Advisory Services, KPMG
Ian Hague, Principal, AcSB
3:00 - 3:15 Coffee and networking break
3:15 - 3:45 Afternoon Keynote address - 'IFRS 2011 and Beyond'
· Progress toward IFRS Adoption in Canada
· What is happening in the US and how might this impact on Canadian companies
· What is the status of IFRS for private companies
Paul Cherry, Chair, Accounting Standards Board
3:45 - 4:30 Practical lessons learned from Europe and the Pacific Rim
· Case study examples of IFRS implementation in EU and Asia.
· what are the risks, challenges and implications for Canadian organizations
· When to engage outside expertise
Richard Martin Head of Financial Reporting, ACCA
Roger Hussey, Professor, University of Windsor
4:30 - 4:45 Closing Remarks: Rock Lefebvre