Two Day Online Conference: Financial Accounting & Reporting Update 2021 – May 19th-20th, 2021 – ResearchAndMarkets.com


DUBLIN–(BUSINESS WIRE)–The “Financial Accounting & Reporting Update 2021” conference has been added to ResearchAndMarkets.com’s offering.

We are seeing an unprecedented level of major accounting changes from US and international standard-setters. This conference will address the latest developments in key areas. Experts from the Big Four and regional firms will lead the discussion.

Learning Objectives:

  • Understand the latest accounting changes in key areas
  • Recognize the timelines and key factors
  • Begin to assess the effects of these standards on your company or clients

This event will run 8:45-4:40pm (PDT) each day.

Agenda:

Agenda: DAY 1

8:45 – 10:15

  • Finance and Accounting Implications of the COVID-19 Crisis
  • Key considerations for stabilizing, ensuring liquidity and preserving cash
  • Accounting for the Paycheck Protection Program, government assistance and payroll tax deferral
  • Restructuring within the organization and rethinking around operating costs
  • Strategic considerations for executive compensation and benefits
  • Enhanced disclosure requirements

10:15 – 10:30

10:30 – 12:00

  • Accounting for Leases Update
  • Lessons Learned in Initial Implementation
  • Impact of the project was underestimated
  • Some of the more challenging areas include: identifying lease population, data abstraction, implementing a platform for ongoing reporting and identifying processes and controls for applying the requirements

12:00 – 12:45

12:45 – 2:00

  • M&A Update
  • Industry Trends
  • Recent Activity
  • Impact of COVID-19

2:00 – 2:05

2:05 – 3:20

  • Interest Rate Reform and Currency Risk: What you Don’t Know Could Hurt You
  • ASC 830
  • Hedge Accounting Update
  • SOFR & 848

3:20 – 3:30

3:30 – 4:45

  • Fraud and Accounting Failures
  • Context and perspective
  • Examples: Fictitious Sales or Revenue
  • Examples: Timing Issues
  • Examples: Other Issues

Agenda: DAY 2

8:45 – 10:10

  • Revenue Recognition Update
  • Where people are getting stuck within the new model
  • Implementation observations
  • Beware These Hot Spots – Comment Letters
  • Survey results

10:05 – 10:15

10:20 – 11:30

  • SEC Update
  • SEC Personnel Update
  • The Financial CHOICE Act
  • JOBS Act Implementation Update
  • FAST Act (aka JOBS Act 1.5)
  • Form 10Q Efficiencies
  • Interim Financial Statements
  • MD&A
  • Quantitative & Qualitative Disclosures

11:30 – 11:35

11:35 – 12:30

  • Attracting & Retaining Accounting & Finance Talent
  • Perks vs. Culture
  • Attracting Candidates
  • Employee Motivators
  • Culture vs. Sub Cultures

12:30 – 1:15

1:15 – 2:30

  • Cybersecurity Update
  • Protecting personal data
  • Smart consumer devices expanding faster than controls
  • Personal Health and Medical Devices
  • Ransomware

2:30 – 2:35

2:35 – 3:35

  • Tax Update
  • Interpretations and examples
  • Impact of COVID-19
  • What to expect under new administration

3:35 – 3:40

3:40 – 4:30

  • SOX & Internal Controls Update
  • Techniques and methods to cut costs and minimize time spent during a pandemic
  • Information Provided by Entity (IPE) Update

Speakers

  • Jason Emmons Moss Adams, Partner
  • Guido van Drunen KPMG, Principal
  • Dominick Kerr Connor Group, Partner
  • Justin Silva RSM, Partner
  • Helen Kane Hedge Trackers, LLC, President and Founder
  • Lindsi Scanlan CFGI, Managing Director
  • Hitesh Nathani Ernst & Young, Senior Manager
  • Uday Devasper Effectus Group, Partner
  • Andrey Chepiga Ernst & Young, Senior Manager
  • Blake Collins Connor Group, Director
  • Ky Kano Deloitte, National Office Accounting Consultation
  • Kevin Moyers Deloitte, Tax Senior Manager
  • Keith Ma Effectus Group, Senior Manager
  • May Yu Deloitte, Senior Manager
  • Jon Medina Protiviti, Director
  • Tony Goncalves Deloitte, Managing Director

For more information about this conference visit https://www.researchandmarkets.com/r/xo8wxd