In just a few weeks, Orlando will play host to the 18th Annual CFO Rising Conference and Exhibition, and while the event will contain a number of impressive keynote speakers (as well as some creative networking opportunities), as usual, it is the breakout sessions that we at Merrill Corporation heavily endorse participating in. We specifically recommend:
In the United States and around the world, private-company financial reporting is undergoing significant, continuous change. In particular, financial accounting and reporting standards are increasingly influenced by global phenomena that private-company CFOs can no longer ignore. This workshop will explain the impact that recent and forthcoming developments in private-company financial reporting will have on your company, your department, and your career. It will also provide you with proven, actionable guidance for managing the associated risks both inside and outside of the finance department. Because this workshop focuses on major trends from the CFO’s perspective, your main takeaway will be a solid understanding of the critical decisions and plans that you will need to make and act on in order to lead your private company through a time of unprecedented change in financial reporting. That understanding will empower you to overcome the many near-term challenges that private company CFOs face.
Topics covered in this workshop include:
- The Financial Accounting Standards Board’s (FASB’s) Accounting Standards Codification™.
- Proposed changes to accounting and reporting standards for revenue, leases, and financial instruments.
- Opportunities and incentives for private companies to adopt International Financial Reporting Standards (IFRS) or the IFRS for Small and Medium-sized Entities.
- Other alternatives to U.S. Generally Accepted Accounting Principles (GAAP) for private U.S. companies.
- The prospects for greater divergence between private-company GAAP and public-company GAAP in the United States and other countries.
- Cost-effective internal control over financial reporting.
- Talent management.
Already so lean that they often escaped the deep cuts that other departments endured over the past two years, finance departments are slimming down even further. In fact, a combination of increasing automation, new business models, and offshoring has pushed down the average finance staff’s size by 30% over the past six years, according to The Hackett Group. How is that affecting the war for talent? Are finance jobs more strategic now? And what is the prognosis for the future?
The debate over the convergence of international accounting standards is coming to a close. FASB and the IASB plan to release a slew of new standards this year that will dramatically affect financial statements. Changes in financial accounting promise to affect how CFOs communicate with stakeholders—and how they do their jobs. This session will address how some leading finance executives are coping with the latest developments, including the convergence of U.S. GAAP and IFRS and offer best practices.
As an organization that will play a role in the ongoing development of these issues, we strongly encourage our current and future clients to keep up-to-date with the most current information on some of these topics.
No comments:
Post a Comment