2017 Accounting Change for Financial Leaders

Get the insights you need from industry leaders to manage and prepare for the changes in accounting standards.

The past year has brought significant accounting change to preparers as they faced several accounting standards updates. So far this year, the Financial Accounting Standards Board (FASB) has issued seven updates to current guidance — after releasing 20 changes in 2016.

In the face of these updates, early adopters of the new revenue recognition standard are reporting results for the first time under the new guidance, while others look to follow closely in their footsteps. And at the same time, preparers are struggling to operationalize and implement the new leases standard. How are you managing and preparing for these changes?

FEI’s two-day conference is designed to help you, the preparer, adopt and operationalize these significant accounting changes efficiently and effectively. You’ll learn directly from industry leaders who’ll share their experiences and offer practical solutions for dealing with accounting change disruption. FASB Chairman Russ Golden and SEC Deputy Chief Accountant Sagar Teotia will keynote the event.

Day 1 | Spotlight: RevRec
Day one of the conference will kick-off with a keynote address from Russ Golden, FASB Chairman on standard setting and what to expect with the Financial Accounting Standard Board’s future agenda. This will be followed by an update on the recently exposed hedging project and on classification and measurement. The remainder of the day will be focused on the most imminent accounting change - revenue recognition, and what you need to do to prepare.

CPE credits: 9 credits in Accounting

Day 2 | Spotlight: Lease Accounting
We begin day 2 with a keynote address from Sagar Teotia, SEC Deputy Chief Accountant, who will offer an SEC perspective on this period of unprecedented accounting change. This will be followed by a session focused on how to overcome the challenges organizations face recruiting, training and staffing their organizations with qualified individuals to deal with accounting change. The remainder of the day will be all about Leases. Attendees will learn about the new rules, discuss how to prepare for adoption, uncover the impact to an organization’s systems, processes and controls and get answers to questions from our panel of industry and subject matter experts.

The remainder of the day will be all about Leases. Are you a Lessee? Lessor? Attendees will learn what the new rules are, discuss how to prepare for adoption, uncover the impact to an organization’s systems, processes and controls and get answers to questions from our panel of industry and subject matter experts.

CPE credits:  7.5 credits in Accounting


Financial Executives International (FEI) is registered with the National Association of State Boards of Accountancy (NASBA), as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website, www.learningmarket.org.

Instructional method: Group-Live
Recommended CPE Credits: Up to 16.5 credits, field of Accounting
Experience Level: Basic
Prerequisites/advance preparation: None

For FEI CPE credits, one credit hour equals 50 minutes according to NASBA guidelines. Some state boards may differ on how minutes constitute a credit hour. Contact your state board for more information. Questions or comments? Contact FEI via email or phone, 973.765.1099.




Speakers

John Bober

Managing Director, Global technical Controller
GE

Chris Bolash

Partner, Financial Accounting Services Practice
EY

Derek Bradfield

Partner
Deloitte [US]

Leigh Cokonis

Director, Accounting Consultation and Compliance
Northrup Grumman

Myles Corson

Markets Leader, Americas
EY

Sara Dioguardi

Managing Director, Advisory
KPMG

Anastasia Economos

Partner, Financial Accounting Advisory Services
EY

Sarah Esquivel

Associate Chief Accountant, Office of the Chief Accountant
U.S. Securities and Exchange Commission

Russell Golden, CPA

Chairman
FASB

Mary T. Hoeltzel, CPA

VP & Global Chief Accounting Officer
Cigna

Shawn Husband

Senior Director, Global Lease Center of Expertise
Walmart

Michael Keeler

Chief Executive Officer
LeaseAccelerator

Kim Kushmerick

Associate Director, Accounting Standards
AICPA

Jeffrey Levy

Principal
Deloitte LLP

Jack Markey

Assistant Controller
Eisai Inc.

Mark McDonald

Director of Sales
CoStar Real Estate Manager

Jeanne McGovern

Partner
Deloitte

Steve McKechnie

Managing Consultant
RGP

Scott Muir, CPA

Partner, Department of Professional Practice
KPMG LLP

Josh Paul

Director, Technical Accounting
Google

Ms. Karen Plunkett

Professional Accounting Fellow, Office of the Chief Accountant
U.S. Securities and Exchange Commission

Steve Rivera

Worldwide Senior Director of Financial Compliance and Procedures Group
Johnson & Johnson

Robert Royall II

Partner, Financial Accounting Advisory Services
EY

Scott Sachs

Partner
Crowe Horwath

Julie Schlendorf

Partner
PwC

David Shebay

Process, Technology, and Controls Specialist
PwC

Chris Stephenson

Advisory Services Principal
Grant Thornton

Sagar Teotia

Deputy Chief Accountant, Office of the Chief Accountant
U.S. Securities and Exchange Commission

Peter Thimm

Director, Advisory
KPMG

Barbara Vanich

Associate Chief Auditor
PCAOB

William Watts

Partner
Crowe Horwath

Thank you to our conference sponsors