The Convergence Blog™

FEI's Current Financial Reporting Issues Conference

On November 12 and 13, 2007, Financial Executives International (FEI) held their 26th Annual Current Financial Reporting Issues (CFRI) Conference in New York City. Presenters and panelists included representatives from the U.S. Financial Accounting Standards Board (FASB), the International Accounting Standards Board (IASB), and the U.S. Securities and Exchange Commission (SEC). A common theme throughout many of the presentations was Convergence -- the global convergence of financial reporting standards in general and the convergence of U.S. GAAP and IFRSs in particular. An excellent summary of the topics discussed appears in KPMG's Defining Issues (#07-37).

FEI's Global Financial Reporting Convergence Conference

On September 28, 2007, Financial Executives International (FEI) will host the Global Financial Reporting Convergence Conference at the Marriott Marquis Times Square Hotel in New York City. This one-day conference will be the first major educational event in the United States devoted to helping financial executives understand the implications of the convergence of U.S. Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRSs).

The afternoon Networking Break at the Conference will be sponsored by The Convergence Blog. I will be there with a very exciting announcement.

For more information about the Conference, visit http://www.financialexecutives.org/global.

The Convergence Seminar™

On October 10, 2007, Leveraged Logic will host The Convergence Seminar at the NCACPA Education Center in Morrisville, North Carolina ("Triangle" area, near Raleigh-Durham Airport). Like The Convergence Blog, the Seminar is designed to help U.S. accounting and finance executives prepare for "the next big challenge in corporate financial reporting." As a participant in this one-day seminar, you will learn how Convergence is changing corporate financial reporting in the U.S. -- as well as what you will need to do in order to meet the challenges of Convergence.

I will be the presenter for this seminar, which is co-sponsored by the North Carolina Triangle Area Chapter of the Institute of Management Accountants (IMA).

For more information about the Seminar, visit http://TheConvergenceSeminar.com.

Second International Accounting Convergence Seminar

On November 15-16, 2007, TTC will host its second International Accounting Convergence Seminar at the Sheraton Maria Isabel Hotel in Mexico City. As previously reported in The Convergence Blog, the inaugural session of this Seminar (May 2007) was the first Convergence event in North America designed for executives of companies that operate in multiple NAFTA countries, i.e., the United States, Mexico, and Canada. The Seminar is designed to help participants manage the rapid changes in financial reporting that are occurring in NAFTA countries as a result of the international convergence of accounting standards.

Once again, I will be the presenter of the Seminar. For more information, visit http://TheConvergenceSeminar.com/?Go=NA.

Compliance Week's "IFRS Primer"

On October 25, 2007, Compliance Week (the leading newsletter on corporate governance, risk and compliance) will sponsor a one-day "primer" on International Financial Reporting Standards (IFRS) at the Marriott Renaissance Mayflower Hotel in Washington, DC. The purpose of the event is to explain what International Financial Reporting Standards are and to help you determine whether your company would benefit from using them.

This event is designed especially for senior executives including chief financial officers, chief accounting officers, and chief audit officers. I will present the concluding session of the event.

For more information, visit http://conference.complianceweek.com/ifrs/.