FEI International Issues Conference

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FEI International Issues Conference

    2007 Global Financial Reporting Convergence Conference

    thSeptember 28, 2007

    NY Marriott Marquis, NYC

8:15 am Opening and Introductory Remarks

     Michael P. Cangemi, President & CEO, FEI

    8:30 am Keynote Rick Ketchum, CEO New York Stock Exchange Regulation,

9:20 am First Panel Session Roadmap to Convergence Part I: Standards Setters

    Objectives & Perspectives

    This panel will provide background regarding the accounting and

    auditing challenges of international financial reporting convergence. Key

    standard setters will address the IASB/FASB Norwalk Agreement;

    continuing progress in developing converged US GAAP and IFRS

    standards, as well as the complimentary balance in converged audit


    Moderator: David Morris, President, Morris Consulting and Member,

    Consultative Advisory Group, International Auditing and Assurance

    Standards Board


     Robert H. Herz, Chairman, Financial Accounting Standards Board

     Thomas E. Jones, Vice-Chairman, International Accounting Standards


     Mark W. Olson, Chairman, Public Company Accounting Oversight


     Craig W. Crawford , Member, International Auditing and Assurance

    Standards Board (IAASB)

10:35 am Break


10:50 am Second Panel Session Roadmap to Convergence Part II: Regulatory

    Perspectives of the U.S. and the European Commission

     As standards-setters work through the challenges of creating a future

    converged set of accounting standards, the financial market regulators

    must also address the current state of US GAAP and IFRS reporting for US

    and non-U.S. filers. This panel will focus on the “IFRS Roadmap” and

    include a discussion of proposed SEC rules for reporting in IFRS or GAAP

    for U.S. companies and foreign registrants.

     Moderator: Gregory Jonas, Managing Director of Accounting Specialists

    Group, Moody’s Investors Services


    ? Julie Erhardt, SEC Deputy Chief Accountant International Affairs,

    Office of the Chief Accountant

    ? Pierre Delsaux, European Commission, Head of Unit, DG Internal


    ? Richard Thorpe, Member, Financial Reporting Committee of the

    European Securities Regulators (CESR-fin)

12:05 pm Networking Luncheon

1:20 pm Keynote Kathleen L. Casey, Commissioner, U.S. Securities & Exchange


    2:10 pm Third Panel Session Applying IFRS The Good, the Bad and the Ugly

     This panel will provide “micro perspectives” on practical considerations

    and challenges in applying international financial reporting standards,

    through the eyes of the preparer, and auditor. The panel will discuss real

    time and specific considerations of recruitment, compliance staff expertise,

    IT systems needs and internal control implementation. It will also

    consider the implications of IFRS 1, First Time Adoption of International

    Financial Reporting Standards.

    Moderator: Grace Hinchman, Senior Vice President, Financial Executives




    ? Edmund Hodgeon, Partner, Global Capital Markets Group, PWC

    ? Danita Ostling, E&Y Americas IFRS Leader, Ernst & Young

    ? Mark Smith, Director, External Reporting, Tomkins plc

    ? James G. Campbell, VP and Corporate Controller, INTEL Corporation

3:30 pm Break

    3:45 pm Fourth Panel Session The Potential Impact of IFRS Adoption

     This panel will provide “real-world” macro perspectives on the impact of

    IFRS on US markets. What impact would broad-based conversion to IFRS

    have on investors, companies, and management?

    Moderator: Donald Nicolaisen, former SEC Chief Accountant


    ? Tim Shaughnessy, Vice President & Controller, IBM Corporation

    ? Alister Cowan, EVP Finance & CFO, BC Hydro, British Columbia,


    ? Sam Ranzilla, National Partner in Charge, Dept of Professional

    Practice, Audit, KPMG LLP

    ? DJ Gannon, Leader, IAS Center of Excellence Americas, Deloitte &


5:05 pm Closing Remarks on behalf of EABC

     Jo Graziano, Grant Thornton

5:15 pm Conference Adjourns

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