Haas School | CFRM and Accounting

Twentieth Annual Conference on Financial Reporting

Friday, November 6, 2009
Westin St. Francis Hotel, San Francisco

About the Conference
Conference Schedule
Speaker Biographies
Hotel Location, Directions, and Accomodations

About the Conference

This conference brings together accounting standard setters, enforcement officials, corporate financial executives, and professional and academic accountants to discuss current issues in financial accounting and corporate reporting. In today's business and regulatory environment, it is essential that preparers and users of financial statements be current on the latest financial reporting trends and issues.

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Tentative Conference Schedule

Time	Event
7:30-8:00am	Registration and Continental Breakfast
8:00-8:10am	Welcome Maria Nondorf Assistant Professor and Faculty Director, CFRM, Haas School of Business
8:10-8:30am	Opening Remarks and Presentation of the Berkeley Award for Distinguished Contributions to Financial Reporting Richard Lyons Dean, Haas School of Business
8:30-9:15am	"Current Challenges in International Financial Reporting Standards" Prabhakar Kalavacherla "PK" Board Member, IASB
9:15-9:30am	Break
9:30-10:45am	IASB Panel Challenges with Assessing Preparedness and the Cost Benefits of IFRS Preparing the U.S. for the move to IFRS - costs vs benefits Assessing preparedness? What lessons can the IASB share? Project to replace IAS 39, Financial Instruments Revenue recognition - are we headed in the right direction? The role of XBRL in financial reporting as an aid to adoption of IFRS Income Tax Project Post-Employment Beneftis Project Consolidation Project IFRS for SMEs: Is this really an option for U.S. privately held companies? Moderator: Solomon Darwin Executive Director, Center for Innovative Financial Technology, Haas School of Business Panelists: Mary Barth Joan E. Horngren Professor of Accounting, Stanford University Immediate Past Board Member, IASB Mark Bielstein National Partner, KPMG; EITF Member Russell Golden Technical Director, FASB; EITF Chair Prabhakar Kalavacherla "PK" Board Member, IASB Craig Olinger Deputy Chief Accountant, Division of Corporation Finance, SEC
10:45-11am	Break
11:00-12:30pm	FASB Panel Handling the New Challenges Importance of being bi-lingual (knowing both U.S. GAAP and IFRS) Benefits of convergence or adoption Is the MOU a "best practice guide" or a deadline? Future of private company reporting Accounting for loan losses Financial Statement Presentation Project Revenue Recognition Project Lease Accounting Project Moderator: Suneel Udpa Visiting Lecturer, Haas School of Business; Professor, Saint Mary's College Panelists: Mary Barth Joan E. Horngren Professor of Accounting, Stanford University Immediate Past Board Member, IASB David Bond Chief Accounting Officer, Safeway Inc. FEI Committee on Corporate Reporting Russell Golden Technical Director, FASB; EITF Chair Shea Malcolm National Partner, Ernst & Young LLP Arleen Thomas Sr. Vice President, AICPA
12:30-1:30pm	Lunch
1:30-2:00pm	Speech Title Speaker: TBA
2:00-2:15pm	Break
2:15-3:30pm	SEC/PCAOB Panel Facing the Challenges at the Crossroads Supreme Court review of PCAOB constitutionality XBRL Current focus of Corporation Finance reviews Importance of training auditors to be principles-oriented IFRS Roadmap Pros and cons of making a decision to move to IFRS in 2011, if not sooner Risks of global arbitrage Moderator: Maria Nondorf Assistant Professor and Faculty Director, CFRM, Haas School of Business Panelists: Prat Bhatt VP, Corporate Controller, and Principal Accounting Officer, Cisco Systems; FEI Research Foundation Trustee Conrad Hewitt Immediate Past Chief Accountant, SEC Charles Niemeier Board Member, PCAOB Craig Olinger Deputy Chief Accountant, Division of Corporation Finance, SEC Jim Schnurr Senior National Professional Practice Director, Deloitte & Touche LLP; Member, PCAOB; Exec. Committee, AICPA Center for Audit Quality
3:30-3:45pm	Break
3:45-5:00pm	Special Topics Panel Addressing the Challenges of Financial Statement Disclosures Update on SEC's Disclosure Framework Project SEC Investor Advisory Committee - Technical Agenda of this newly formed committee Interim disclosures vs. annual disclosures Moving financial reporting from a compliance exercise to a communications exercise Ways to better integrate information provided in financial statements, MD&A, and other parts of a company's public reporting package Use of technology (such as XBRL) to improve disclosures Moderator: Bob Laux Senior Director Financial Accounting and Reporting, Microsoft Panelists: Susan Schmidt Bies Former Board Member: Board of Governors, Federal Reserve System; Marie Hollein President & CEO, Financial Executives International Gregory Bakeis National Partner, PricewaterhouseCoopers LLP Sharon McCollam EVP, COO, & CFO, Williams-Sonoma, Inc.

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Hotel Location, Directions, Accomodations

Westin St. Francis Hotel
Address: 335 Powell Street, San Francisco, CA 94102
Phone: (415) 397-7000
Fax: (415) 774-0124
Website: http://www.westinstfrancis.com/

A limited number of hotel rooms are reserved at the Westin St. Francis, 335 Powell St., San Francisco, CA, for the nights of November 5-8 at $219 per night. Please indicate on the registration form if you require a room. CFRM will make your reservation for you. Payment is to be made to the hotel upon departure. Room reservations must be made by October 14 to guarantee this rate!

Parking Information
Garage parking avaliable on site. Special conference rate: $30, from 7am-6pm. For additional parking options, please click here.

The hotel is also located near the Powell Street BART (Bay Area Rapid Transit). Visit www.bart.gov for a complete list of time schedules.

Driving Directions

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