17th Annual Conference on Financial Reporting

Friday, October 27, 2006
San Francisco Marriott Hotel


Endorsed by FEI (Financial Executives International)






Introduction


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.


The goal of the conference is to:


  • provide preparers and users of corporate financial statements with the latest developments in financial accounting standards and recommendations for improving financial reporting;

  • promote the advancement of quality financial reporting useful to investors in making investment decisions.

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. This year's conference will include:


  • an opening address by Thomas J. Linsmeier, Board Member, Financial Accounting Standards Board.

  • and a presentation of the Berkeley Award for Distinguished Contributions to Financial Reporting by Dean Tom Campbell

Panel discussions will be on:


  • Emerging Issues in Financial Reporting
  • Current Issues at the SEC and PCAOB
  • Sarbanes-Oxley - "Journey to Compliance"
  • Complexities in Financial Reporting " Facing the Challenges"

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Program Schedule
October 27, 2006
San Francisco Marriott Hotel


(General Session - Yerba Buena Ballroom - Salon 7)


Download a copy of the schedule in Microsoft Word format or as a PDF file .

7:45am. -- 8:30am.

Registration
Continental Breakfast


8:30am. -- 8:40am.

Welcome
Solomon N. Darwin
Executive Director,
Center for Financial Reporting & Management
Haas School of Business


8:40am. -- 9:10am.

Opening Address -"Fair Value"
Thomas J. Linsmeier
Board Member
FASB


9:10am. -- 10:35am.

Emerging Issues in Financial Reporting


  • IASB/FASB Technical Agenda
  • Convergence/Conceptual Framework
  • Business Combinations
  • Transition Issues for Global Corporations
  • Fair Value

Moderator:
Bob Walker
Immediate Past Chairman
FEI


Panelists:
Mary E. Barth
Board Member, IASB
Joan E. Horngren Professor of Accounting,
Stanford University


Thomas J. Linsmeier
Board Member
FASB


Mark M. Bielstein
Member, Emerging Issues Task Force, FASB Partner, KPMG LLP


Steven W. Hobbs
Senior Advisor
Protiviti


10:35am. -- 10:45am.

Break and Refreshments


11:45am. -- 12:15pm.

Current Issues at the SEC and PCAOB


  • Review of Materiality Issues
  • Fraud (Audit Structure & Detection)
  • FAS 123 Update on Guidance
  • XBRL

Moderator:
Maria Nondorf
Assistant Professor
Haas School of Business


Panelists:

Carol A. Stacey
Chief Accountant
Division of Corporate Finance, SEC


Grace Hinchman
Senior Vice President
FEI


Bill Gradison
Immediate Past Acting Chairman & Founding Member, PCAOB


Toby J. F. Bishop
Forensic & Dispute Services Partner
Deloitte Financial Advisory Services LLP
Immediate Past President and CEO, ACFE


12:15 pm. -- 12:30 pm.

Presentation of Berkeley Award for Distinguished Contributions to Financial Reporting


12:15 pm. -- 1:30 pm.

Luncheon (Yerba Buena Ballroom Salons 1-6)


Introduction of the Dean
Solomon Darwin
Haas School of Business


Presentation of the Berkeley Award for Distinguished Contributions to Financial Reporting


Introduction of Luncheon Keynote Speaker
Dean Tom Campbell
Haas School of Business


Luncheon Keynote Speaker - "A Tale of Two Markets"
John C. Bogle
Founder of the Vanguard Group

1:30pm -- 1:45pm Q&A
1:45pm -- 2:00pm Break
2:00pm. -- 3:30pm.

Sarbanes-Oxley -"Journey to Compliance"


  • Guidance for Management’s SOX 404 Assessment (Including Discussion on the SEC’s Concept Release Comments)
  • AS No. 2 Implementation
  • Cost Reductions Strategies for Compliance

Moderator:
Suneel Udpa
Visiting Lecturer, Haas School of Business
Professor, Saint Mary's College


Panelists:


Brian T. Croteau
Associate Chief Accountant
Office of the Chief Accountant, SEC


Jeffrey L. Johanns
Technical Consulting Partner
National Accounting Consulting Services, PWC LLP


Hans Ploos van Amstel
Chief Financial Officer
Levi Strauss & Co.


Paul E. Sharman
President & Chief Executive Officer
Institute of Management Accountants (IMA)


Thomas F. Flannery
Partner & Americas Director of Audit Committee Communications
Ernst & Young LLP


3:30pm. -- 3:45pm. Break and Refreshments
3:45pm. -- 4:55pm.

Complexities in Financial Reporting - Facing the Challenges


  • Principles-Based vs. Rules-Based Standards
  • International Convergence/Causes of Complexity
  • Codification of Existing Accounting Literature
  • Institutional/Cultural/Behavior Issues
  • Enhanced Business Reporting

Moderator:
Bob Laux
Director, Technical Accounting and Reporting
Microsoft Corporation


Panelists:

Leslie A. Murphy
Chair, Board of Directors
American Institute of Certified Public Accountants (AICPA) Group Managing Partner,
Plante & Moran


Benjamin S. Neuhausen
Chairman, Accounting Standards Executive Committee
(AcSEC)
Partner & National Director of Accounting,
BDO Seidman, LLP


Jon E. Flaxman
Senior Vice President & Controller
Hewlett-Packard


Betsy Rafael
Principal Accounting Officer
Cisco Systems, Inc.


Panel will be joined for Q&A by Mary Barth


 


4:55pm -- 5:00pm Drawing for two nights accommodations at the San Francisco Marriott Hotel and two complimentary admissions to 2007 Financial Reporting Conference (Must be present to win)
5:00pm Book Signing by John C. Bogle at Registration Desk


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Organizations Represented



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Hotel Location, Directions and Accommodations


San Francisco Marriott Hotel - Website
Address: 55 Fourth Street, San Francisco, California 94103 USA
Phone: 1-415-896-1600
Fax: 1-415-486-8101
Get Directions to the SF Marriott >
Detailed Driving Directions & Other Forms of Transportation >

Self parking at the hotel garage is $11 per hour. Valet parking is $49.02 daily. Offsite parking is also located from across the hotel at the Fifth and Mission Street Public Garage. This seven story garage spans all the way to 4th street, with rates at $2.50 per hour, and about $23.00 daily.


A limited number of hotel rooms are reserved at the Marriott San Francisco Hotel, 55 Fourth Street, for the nights of October 26-27 at $219 per night. Please indicate on the reservation 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 10 to guarantee this rate!


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