Contact: Bill Caldwell, Office of Public Information, Pace University, 212-346-1597, firstname.lastname@example.org
Notes: This event is by invitation only. Members of the media must RSVP to attend. One-on-one interviews with the speakers may be possible. Email email@example.com .
IASB Vice Chairman Tom Jones, FASB Board Member Thomas Linsmeier, SEC Deputy Chief Accountant Julie Erhardt to keynote Pace University’s Lubin School of Business second annual accounting conference, Tuesday, April 29
New York, NY – March 24, 2008 – Key players and decision makers in the move to globalize accounting rules and processes will come together Tuesday, April 29 to discuss progress and impediments to arriving at a single set of high-quality international accounting standards that can be used in all the world’s capital markets.
The discussion will be the highlight of Pace University’s Lubin School of Business second annual accounting conference, this year held in conjunction with The International Accounting Standards Board. The focus: “Global Integration of Accounting Standards: How Do We Get It Done?”
The conference will raise contentious issues and challenges in converging U.S. Generally Accepted Accounting Principles (GAAP) with International Financial Reporting Standards (IFRS):
What roadblocks must be overcome as we move to a single set of high quality international accounting standards?
How will the lack of uniformity in auditing standards, practices, and procedures across countries affect the quality of financial statements issued under IFRS?
Would U.S. companies and foreign issuers be able to choose to report using IFRS or GAAP? What are some of the capital market implications of this action?
How comfortable is the SEC with the dispensing with 20-F reconciliations given the vast differences in the enforcement of accounting standards across the globe? Do we envisage a change in the role of IOSCO as we move to a single set of accounting standards?
What are U.S. analysts’ views on the quality of earnings and financial disclosures under IFRS? What are some of the challenges analysts face in interpreting IFRS financial statements?
How problematic is the shift to IFRS for first time adopters?
Morning Keynote Interview: Tom Jones, Vice Chairman, International Accounting Standards Board interviewed by Alan Murray, Executive Editor, Online, The Wall Street Journal. Mid-morning Keynote: Thomas J. Linsmeier, Board Member, Financial Accounting Standards Board interviewed by Mary-Jo Kranacher, Editor-in-Chief, The CPA Journal. Luncheon Keynote: Julie A. Erhardt, Deputy Chief Accountant, U.S. Securities & Exchange Commission (SEC) and Chair, Committee on Accounting, International Organization of Securities Commissions (IOSCO).
Panel discussions will include: Neil Weinberg, Senior Editor, Forbes (Moderator); Robert H. Colson, Partner, Institutional Acceptance, Grant Thornton; Richard A. Fuchs, Partner, Global Capital Markets Group, PricewaterhouseCoopers; D.J. Gannon, Partner, U.S. National Office and Leader, IAS Centre of Excellence – Americas, Deloitte & Touche; Paul Munter, Partner, KPMG; Danita Ostling, Partner, Ernst & Young; Kaustav Sen, Associate Professor of Accounting and Ernst & Young Scholar, Lubin School of Business, Pace University.
Also Joanne Ramos, Global Banking Correspondent, The Economist (Moderator); Peter A. Bridgman, SVP & Controller, PepsiCo, Inc.; Hye-Won Choi, SVP & Head of Corporate Governance, TIAA-CREF; Samir M. El-Gazzar, KPMG Professor of Accounting, Lubin School of Business, Pace University; Janet Pegg, Senior Managing Director, Equity Research, Bear Stearns & Co.; Donald Robertson, VP, Senior Accounting Analyst, Corporate Finance Group, Moody’s Investors Service; John Gallagher, Managing Director, Accounting Policies and Support, UBS AG.
The agenda is at http://www.pace.edu/lubin/accountingconference .
The conference takes place Tuesday April 29, 8:00 a.m. to 1:30 p.m., 320 Park Avenue, the Mutual of America Building (between 50th and 51st streets), 35th Floor, New York City. Media admission by press card. RSVP to firstname.lastname@example.org. Phone: 212-346-1597.
The largest private undergraduate business school in Metro New York, the Lubin School of Business is accredited for both business and accounting by AACSB International, an elite distinction shared by fewer than 3% of business schools worldwide. With a tradition of practice-oriented curriculum, the School has achieved national recognition for both its graduate and undergraduate programs in U.S.News & World Report and other media. Approximately 4,000 students are enrolled in Lubin’s undergraduate, graduate and professional degree programs in Downtown and Midtown New York City, and Pleasantville and White Plains in Westchester. Pace was founded as a school of accountancy in 1906 and has continued to be a center of excellence in accounting for over 100 years. Prominent alumni include Melvin Karmazin, CEO, Sirius Satellite Radio; James Quinn, president, Tiffany & Co.; Ivan Seidenberg, chairman and CEO, Verizon; Marie Toulantis, CEO, Barnes&Noble.com; and Richard Zannino, former-CEO, Dow Jones & Company. www.pace.edu/lubin.