An unprecedented gathering of the most prominent international authorities in accounting today.
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1 October 21, 2003 An unprecedented gathering of the most prominent international authorities in accounting today. Lynn Turner Colorado State University Former Chief Accountant SEC Paul Cherry Chair, AcSB Canada Robert Herz Chair, US FASB Sir David Tweedie Chair, IASB Featuring presentations, discussions, debates, and Q&A with an extraordinary group of international experts. Inside! How you will benefit from participating! Insights from world leaders in Financial Reporting! Perspectives from business leaders! Program agenda! Four ways to register! Networking reception sponsored by The Canadian Institute of Chartered Accountants
2 Where will you be on October 21, 2003? Plenty of benefits await you at The International Summit on Financial Reporting in Toronto Don't miss the unique opportunity to play a part in the move to a single set of globally-accepted financial reporting standards and to understand the implications to your organization and your clients.! Zero in on the pressures that are mapping out the direction of global financial reporting! Appreciate the benefits and challenges of global financial reporting from the perspective of the major stakeholders standard-setters, public companies, regulators and other users of financial statements! Anticipate when the objective of a single globally-accepted set of financial reporting standards will be achieved! Find out what preparers and users really think about the move to a global set of financial reporting standards! Learn the extent of FASB's commitment to the time frame for a single globally-accepted set of standards! Explore the consequences of the move to global financial reporting standards for you and your organization The world leaders in the development of a single set of globally-accepted financial reporting standards converge in Toronto on October 21, Their insights and perceptions will be presented for consideration and comment. The unique interactive format will include opportunities for you to interact directly with speakers and colleagues, both formally and informally. Standard setters and securities regulators: Perspectives on the future... VIEWS FROM THE AcSB: Paul Cherry was appointed chair of the Accounting Standards Board in May He has over 25 years of experience in public accounting, having served as Chief Accountant of the Ontario Securities Commission, Senior Technical Partner of PricewaterhouseCoopers in Toronto and Director of National Accounting and Auditing Services of Coopers & Lybrand. VIEWS FROM THE FASB: Robert Herz was appointed Chairman of the Financial Accounting Standards Board (FASB), effective July 1, Previously, he was a senior partner with PricewaterhouseCoopers, and the firm's North America Theater Leader of Professional, Technical, Risk & Quality. Robert was also a member of the firm's Global and U.S. Boards and served as a part-time member of the International Accounting Standards Board. VIEWS FROM THE IASB: Sir David Tweedie is Chairman, International Accounting Standards Board, based in London. In 1990, Sir David was appointed the first Chairman of the UK Accounting Standards Board and the Chairman of the Urgent Issues Task Force. VIEWS FROM SECURITIES REGULATION: David Brown is Chair and CEO, Ontario Securities Commission. He led the transformation of the OSC from a government agency to a self-funded Crown Corporation, expanding the OSC's resources to meet the needs of investors while maintaining strong, efficient Canadian capital markets. Mr. Brown also plays a significant role in Canadian and international securities regulatory bodies. Lynn Turner joined the faculty of Colorado State University in August 2001 as a professor of accounting in the College of Business and Director of The Center for Quality Financial Reporting. Prior to that, Lynn served as the Chief Accountant of the Securities and Exchange Commission (SEC) where he was the principal advisor to the SEC Chairman and Commission on financial reporting and disclosure by public companies in the U.S. capital markets as well as the related corporate governance matters.
3 October 21, 2003 Four Ways to Register $ Register On-Line: # Register by Mail: Mail your registration form and payment to: The Canadian Institute of Chartered Accountants 277 Wellington Street West M5V 3H2 attn: Cathy Williams (registration form on last page)! Register by Fax: Fax your registration to Cathy at: (416) Register by Phone: Call Cathy at CICA: (416) Participation in Summit is necessarily limited. We encourage you to register as soon as possible. Prominent Business Leaders Deliver Their Perspectives... A selection of business leaders representing major stakeholder groups (standard-setters, public companies, public accounting, academia, financial services and regulators) offer perspectives and contemplate the implications of financial reporting changes globally and in Canada. Michael Crooch Board Member, Financial Accounting Standards Board Brian Gibson Senior Vice-President, Active Equities, Ontario Teachers Pension Plan Jim Goodfellow Partner, Deloitte & Touche LLP Tom Jones Vice-Chair, International Accounting Standards Board Karen Maidment Executive Vice-President and Chief Financial Officer, BMO Financial Group Tricia O'Malley Canadian Liaison Member, International Accounting Standards Board Mary-Anne Pahapill Vice-President and Assistant Treasurer, Nortel Networks Richard Rooney President, Burgundy Asset Management Barbara Stymiest President and CEO, TSX Limited Dan Thornton Professor of Financial Accounting, Queen's University Siim Vanaselja Chief Financial Officer, BCE Inc. Summit Registration Information SUMMIT REGISTRATION FEE: $ $27.65 GST = $ See registration form on reverse. HOTEL INFORMATION: SHERATON CENTRE & TOWERS 123 Queen Street West M5H 2M9 Tel: TRAVEL: We have appointed Air Canada as the official airline for this events. Contact Air Canada's North America toll free number at or local at or your travel agent. Use our convention number CV and take advantage of Special Discounted Fares.
4 Summit Agenda October 21, 2003!! 1:30pm 1:40pm-2:40pm 2:40pm-3:40pm 3:40pm-3:55pm 3:55pm-4:55pm 4:55pm-5:30pm 5:30pm-5:40pm 5:40pm-6:30pm Welcome Remarks By: Paul Cherry, AcSB The Standard-setter's View of Financial Reporting Moderated by: Jim Goodfellow, Deloitte & Touche LLP Featuring: Paul Cherry, AcSB, Robert Herz, FASB, and Sir David Tweedie, IASB! the unique challenges of developing a globally-accepted set of financial reporting standards! the roles of the IASB, FASB and AcSB in the development process! the strategic issues to be overcome in meeting the challenge! the expected timeframe for achieving convergence The Public Company View of Financial Reporting Moderated by: Richard Rooney, Burgundy Asset Management Featuring: Karen Maidment, BMO Financial Group, Barbara Stymiest, TSX Limited, and Siim Vanaselja, BCE Inc.! preparing financial reports in a global market-place! the strategic issues faced by public companies in financial reporting to a global audience! the extent to which a globally-accepted set of financial reporting standards may alleviate some of those issues Break The User's View of Financial Reporting Moderated by: Dan Thornton, Queen's University Featuring: David Brown, Ontario Securities Commission, Brian Gibson, Ontario Teachers Pension Plan and Lynn Turner, Colorado State University! what do users expect from financial reporting?! how a globally-accepted set of financial reporting standards would affect financial statement users! the benefits for the capital markets! the challenges of achieving those benefits. Q & A Forum Moderated by: Tricia O'Malley, IASB Featuring: Michael Crooch, FASB, Tom Jones, IASB and Mary-Anne Pahapill, Nortel Networks Come with your toughest questions. Challenge what you've heard, clarify interpretations, agree or disagree. This is your chance to ask a panel of experts about financial reporting and standard setting issues.your participation will drive this session. Closing remarks By Paul Cherry, AcSB! the consequences for Canada! what effect will the move towards a globally-accepted set of financial reporting standards have on the Canadian market-place Networking Reception sponsored by: AVIS MEETING SERVICE: AVIS will provide specially discounted rates for Summit participants when you call to reserve your car. These rates are available at the AVIS counter. Be sure to mention the AVIS Worldwide Discount Number (AWD) B to qualify for the special savings. PROGRAM DISCLAIMER: The speakers, topics, program format and events are correct at the time of printing. If unforeseen circumstances occur, CICA reserves the right to alter or delete items from the program, or cancel the event. Presenters have prepared material for the professional development of participants. Although they trust that it will be useful for this purpose, neither presenters nor the CICA can warrant that the use of this material would be adequate to discharge the legal or professional liability of participants in the conduct of their practice or business operations. See reverse for Registration form...
5 Registration form October 21, 2003 YES! I want to participate in this very special event. Please register me for The International Summit on Financial Reporting, October 21, REGISTRATION FEE: $ $27.65 GST = $ #C Surname First Name Middle Initial(s) Company Business Address PAYMENT METHOD: " Cheque enclosed, payable to CICA CHARGE MY: " VISA " MasterCard Card No. Name on Card Expiry Date City Province Postal Code Telephone Fax Special requirements: YOUR PRIORITY EVENT CODE: To help us understand your professional needs and to serve you better, when registering by phone or online, please make reference to this code. MC-B I N # $! Mail your Registration & Payment to: The Canadian Institute of Chartered Accountants 277 Wellington Street West, M5V 3H2 Attention: Cathy Williams Register On-Line: Register by Fax: Fax your registration to Cathy at: (416) Register by Phone: Call Cathy at: (416)
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