NYSSA New York Conference, 10 January 2013

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International Financial Reporting Conference & Workshops

IASeminars worked with the New York Society of Security Analysts - NYSSA to produce its 18th Annual International Financial Reporting Conference on Thursday 10th January 2013, with optional pre-conference workshops on 8 & 9 January 2013. This event was sponsored by Deloitte.

Conference Report - Thursday 10th January 2013

A packed conference room heard keynote speakers throughout the day. Breaks between sessions provided ample opportunity for networking and for continuing the lively debates!

Several members of the press and online media were present, including those tweeting quotes throughout the day.


 The past decade of work on convergence was truly governed by the expectation that at the end of the process, a position would be taken in the United States and not a negative one... That was a lot of the motivation to work toward convergence. 
Hans Hoogervorst, Chairman, International Accounting Standards Board (IASB)

A sample of tweets about the conference:

ACCA
Accounting Today
IFAC SMP Committee
CFO Journal


 In 2011, there were approximately 200 foreign issuers filing financial statements with the SEC using IFRS. In 2012 that number had climbed to about 400. The expectation is that by the end of 2013, when companies file their 2012 annual reports, we will have about 500. 
Jenifer Minke-Girard , Office of the Chief Accountant, Securities and Exchange Commission (SEC)


 We still believe that improving U.S. GAAP and promoting its convergence with IFRS ultimately will result in differences so insignificant that for all intents and purposes we have a single set of standards, sort of like American English and the Queen’s English. 
Leslie Seidman, Chairman, Financial Accounting Standards Board (FASB)

Conference Speakers

• Hans Hoogervorst, Chairman, International Accounting Standards Board (IASB)
  
• Leslie F. Seidman, Chairman, Financial Accounting Standards Board (FASB)
  
• Jenifer Minke-Girard, Office of the Chief Accountant, U.S. Securities and Exchange Commission (SEC)
  
• Jay Hanson, Board Member, Public Company Accounting Oversight Board (PCAOB)
  
• Kathy K. Murphy, Chief Accountant, Office of the Comptroller of the Currency (OCC)
  
• Robert Herz, former Chairman, US Financial Accounting Standards Board (FASB)
  
• Marc Siegel, Board Member, Financial Accounting Standards Board (FASB)
  
• Patrick Finnegan, Member, International Accounting Standards Board (IASB)
  
• Dan Montgomery, Deputy Chair, International Auditing and Assurance Standards Board (IAASB)
  
• Joel Osnoss, Global IFRS Leader - Clients and Markets, Deloitte Touche Tohmatsu Limited
  
• Joseph Longino, Principal, Sandler O'Neill; Member of Financial Accounting Standards Advisory Council
  
• Karyn Brooks, Senior Vice-President and Controller, Bell Canada
  
• Neri Bukspan, Executive Managing Director, Standard & Poor’s
  
• Steven Buller, Managing Director and Head of Global Accounting Policy, BlackRock, Inc.
  
• Wallace Enman, Vice President and Senior Credit Officer, Moody’s
  
• Gary Kabureck, Vice President and Chief Accounting Officer, Xerox Corporation
  
• Gregg L. Nelson, VP Accounting and Financial Reporting, IBM Corporation
  
• Pinto Suri, Principal, Prudential Fixed Income
  
• Michael Tovey, Managing Director, Group Accounting Policy, UBS
  
• Nichole Burnap, Associate Equity Research Analyst, Credit Suisse
  

View further information about the speakers and the agenda.