The 2017 IFRS conference: Americas

Get critical insights into the latest IFRS updates, network with business leaders and fellow IASB members, and learn more about the future of financial reporting around the globe.

Event Details

Jointly Presented By:

CPA Canada and the IFRS Foundation

Location and date:
Toronto November 1-2, 2017

This year the International Financial Reporting Standards (IFRS) Conference comes to North America. Chartered Professional Accountants of Canada (CPA Canada) is proud to host this special event in partnership with the IFRS Foundation.

You will gain critical insights about the latest IFRS updates, develop a deeper understanding of current IASB projects and learn more about the future of financial reporting around the globe.

The conference represents a unique opportunity to network with leaders in financial reporting from the private sector, regulatory bodies and members of the IASB, as well as accounting professionals with an interest in IFRS.

View the agenda

Special offers/promotions

Purchase a special interest workshop with the conference and save $200.

A block of guestrooms has been reserved for the conference group at a discounted rate. Please see the ‘Frequently asked questions’ section for further information.

Additional options and pricing may be available. See pricing and registration for more details.



$2,195.00

15 CPD hour(s)
Pricing & registration

More Details:

Session Descriptions

Registration and refreshments

Choose one of the following:

Investor-focused IFRS workshop and update
This session is aimed at investor relations personnel who communicate financial results to investors and analysts.

In this session:

• An IASB member will provide an overview of selected new IFRS principles;
• A panel of analysts and investors will then discuss the effects of the changes on financial analysis and valuation.

Introduction
Speaker: Tom Scott, Member, IASB

Panel discussion and Q&A
Panel topics:

• Topic 1 - “How to improve performance reporting/presentation in a world of non-GAAP measures?: A discussion of the “ins and outs” as well as the “pros and cons” that investors face when analysing financial statements and non-GAAP earnings, and how to address this by improving IFRS.
• Topic 2 – “Grappling with non-recurring items”: A discussion about tackling the issue of presenting unusual or infrequently occurring items in the P&L.

Concluding comments

Close session

Introducing IFRS 17 Insurance Contracts
This session is aimed at those who need an introduction or refresher on the fundamental concepts on the measurement and presentation of insurance contracts.

In this session:
• IASB Board members and staff will explain the key elements and requirements of IFRS 17. In addition, they will provide insights into making the transition to the new IFRS 17 more effective

Introduction
Speaker: Mary Tokar, Member, IASB

An overview of IFRS 17
Introduction by IASB staff and Q&A

Supporting implementation and communicating the process of change

Concluding comments

Close session

Better communication through the financial statements
This session aims to highlight the contribution of several projects to the Board’s work on ‘Better Communication’.

In this session:

• IASB staff will provide a brief update on the projects that support the Board’s work on Better Communication
• A panel of key stakeholders involved in corporate reporting will share their views on the contributions and the limitations of these projects for making communication of financial information more effective.

Introduction to better communication

Disclosure initiative
Panellists include:
Gary Kabureck, Member, IASB

Primary financial statements
Panellists include:
Gary Kabureck, member, IASB

Q&A and concluding comments

Close session

Registration
Light buffet and refreshments

The future of financial reporting
Speaker: Hans Hoogervorst, Chairman, IASB

IASB update
Moderator: Hans Hoogervorst, Chairman, IASB

Panelists: Tom Scott, Member, IASB; Mary Tokar, Member, IASB

This session will include:

• Major IFRS Standards (including insurance and rate-regulated activities)
• Implementation and Education
• Research projects


Keynote address
Speaker: Pierre Pettigrew, former minister of foreign affairs, executive advisor - International, Deloitte

Coffee break

Break-out sessions:
Choose one of the following:

Implementing IFRS 16 Leases
Speakers include: Patrina Buchanan, Associate Technical Director, IASB

This session is designed to provide a comprehensive overview for those preparing for the implementation of IFRS 16 Leases. In this session the presenters will share their views on the benefits and challenges of the new IFRS requirements for lessees and lessors.

Financial instruments with characteristics of equity
Speakers include: Mary Tokar, Member, IASB

The session is designed to provide the audience with a high level update on the IASB’s Financial instruments with characteristics of equity project. The session will be a presentation by the IASB and will be interactive with questions from the audience.

Rate Regulated Activities
Speakers include: Tom Scott, Member, IASB

The session is designed to provide the audience with an update on the IASB’s Rate Regulated activities project. The session will be a presentation by a representative of the IASB.

Primary Financial Statements
Speakers include: Gary Kabureck, Member, IASB

The session is designed to provide the audience with an update on the IASB’s primary financial statement project.

Networking reception

Continental breakfast

Keynote address
Speaker: Douglas Porter, chief economist, BMO Financial Group

Judgments and estimates
Speakers include: Mary Tokar, Member, IASB; Patrina Buchanan, Associate Technical Director, IASB

A key element of principle based standards is making estimates and exercising judgements. This session will examine the use of judgements and estimates within the IFRS standards and highlight current matters being considered by the Board that relate to this important area including the application of materiality.

Update on IFRS 15 Revenue from Contracts with Customers
Speakers include: Mary Tokar, Member, IASB; Cecil Nazareth, Partner, IFRS Partners, New York

This session is designed to provide an update for those who have not yet adopted IFRS 15. It will provide practical implementation advice from those who have considered the effects of the Standard.

Lunch

Break-out sessions:
Choose one of the following:

Implementing IFRS 16 Leases
Speakers include: Gary Kabureck, member, IASB

Conceptual Framework
Speakers include: Mary Tokar, member, IASB

The session is designed to provide the audience with an update on the IASB’s update of the Conceptual Framework. The session will be a presentation by a representative of the IASB.

Implementation activities
Speakers include: Hans Hoogervorst, Chairman, IASB

The session is designed to provide the audience with a high level update on the IASB’s work plan and implementation activities. It focusses on the specific initiatives that have been undertaken to support entities as they engage with new IFRS Standards. The session will be a presentation by the IASB and will be interactive with questions from the audience.

Break

Panel discussion: IFRS Standards, US GAAP and the future of corporate reporting
Moderator: Mary Tokar, member, IASB
Panelists: Hans Hoogervorst, Chairman, IASB

This final panel discussion will reflect on the global financial reporting landscape, how the world has changed in recent years, what is the future for US/IFRS convergence, and how does financial accounting fit with a broader reporting framework.

End of conference

Venue[s] and Accommodation[s]

Venue[s]:

Metro Toronto Convention Centre
255 Front St. West , Toronto, ON M5V 2W6
t.:416-585-8000

The award-winning Metro Toronto Convention Centre (MTCC) is Canada’s largest and one of North America’s leading convention centres. Its three-year, $29 million modernization project is complete. The project features a new design, functionality and upgraded finishes. The MTCC is known for its top-of-class service, first-class venue, in a world-class city. And yes, it’s the only facility that has hosted both a G20 and a G7 Summit. Located in the heart of downtown Toronto, plenty of dining, great hotels, shopping and fun things to do are all within easy walking distance. The MTCC certainly has it all.


Accommodation[s]:

InterContinental Toronto Centre Hotel
225 Front Street West, Toronto, ON M5V 2X3
t.:416-597-1400

A block of guestrooms has been reserved for the conference group at a discounted rate. Participants are responsible for booking their own accommodation. Book early to avoid disappointment.


InterContinental Toronto Centre Hotel
(connected to the Metro Toronto Convention Centre)
225 Front Street West, Toronto, ON
Rate: $289/night plus taxes
Tel: 1-800-235-4670
Online reservations

Fairmont Royal York Hotel
100 Front St W, Toronto, ON
Rate: $269/night plus taxes
Tel: (416) 368-2511
Online reservations


Contacts

Please contact:

CPA Canada Professional Learning and Development Customer Service
Tel: 1-888-337-3242
Email: pld@cpacanada.ca

Alexandra Garant, contact for Sponsor & Exhibitor Opportunities
Tel: 416-204-3397
Email: agarant@cpacanada.ca