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Corporate Financial Reporting Insights Conference

Agenda

 

Day 1 - Monday, November 11 | Day 2 - Tuesday, November 12

Agenda topics, timing and speakers subject to change.

 

Day 1 - Monday, November 11

6:30 am – 5:00 pm

Registration
 

 

7:30 am - 8:20 am

2 Breakfast Sessions available – 1 CPE credit each

The Impact of CAMs and Lease Accounting: Best Practices for Your Disclosures
Sponsored by Intelligize
Learn from senior practitioners as they provide insight and analysis on how issuers are preparing for critical audit matter requirements. They will explore the possible impact of CAM requirements on relationships between issuers and shareholders and how to manage shareholder expectations.

After this session, you will be able to:

  • Describe what issuers are doing to prepare for critical audit matter requirements
  • Identify possible impacts of CAM requirements on relationships between issuers and shareholders
  • Highlight how the SEC is responding to early adopters of the Lease Accounting Standard
Moderator:

Presenters:

 

Intel’s Pursuit for World-Class Reporting
Sponsored by Workiva
Modernizing the financial close and reporting process is a journey. Discover what strategies allowed Intel to shave 2 weeks off their most recent 10-K close and how they continue to seek additional improvements and efficiencies in the process. This session will also cover trends in corporate disclosures and suggestions for how to make them more meaningful and relevant for investors.

After this session, you will be able to:
  • Identify a phased approach for modernizing year-end reporting
  • Apply industry best practices to your own disclosure initiatives
  • Define specific areas where your disclosure process can be streamlined

Presenters:

  • April Brady | Senior Director of Product Marketing | Workiva
  • Sarah Ovuka | External Reporting Controller | Intel
  • Sam Roberts | Financial Reporting Controller | Intel
 
 

8:30 am – 8:40 am

Welcome & Opening Remarks

 
 

8:40 am – 9:30 am

Perspectives: A Dialogue with FASB Chairman Russ Golden
Financial Accounting Standards Board (FASB) Chairman Russ Golden will engage in a dialogue and discuss his journey from Senior Technical Advisor to Board Member to Chairman. Learn how his experiences with the FASB have shaped his knowledge and broadened his perspectives on the future of finance.

Moderator:
  • Alice Jolla | Corporate Controller | Microsoft Corporation
Keynote:
  • Russ Golden | Chairman | Financial Accounting Standards Board (FASB)
 
 

9:35 am – 10:25 am

The FASB: Standards That Work
In its efforts to establish and improve financial accounting and reporting standards, the Financial Accounting Standards Board (FASB) must navigate various perspectives from parties such as regulators, preparers, investors, and audit firms. This session will explore how the FASB successfully engages in this balancing act, what their perspectives are on the state of adoption of new standards, how they view their role after a standard is written and what they see as their next big ticket items.

Speaker:
  • Shayne Kuhaneck | Acting Technical Director
    Financial Accounting Standards Board (FASB)
 
 

10:25 am - 10:55 am

Networking Break in Exhibit Hall
Sponsored by
Empire Valuation Consultants

 

11:00 am – 11:50 am

Optimizing Diversity and Inclusion Initiatives
The importance and significance of diversity and inclusion (“D&I”) in the workplace is one of the most complex and sensitive topics for corporate boards and management. To embrace D&I and optimize the value it brings to the organization, leadership is a critical element influencing a long-lasting impact; and leadership can stem from any leader within an organization. To truly cultivate change, leaders must understand the experiences and the realities of their employees. This candid conversation will focus on specific initiatives company leaders are implementing, the firsthand experiences of their employees, and how to contribute to the overall success of the business.

Moderator:
  • Stephen Rivera | VP, Global Technical Accounting Advisory Services & Policy
    Johnson & Johnson
Panelists:
 
 

11:50 am – 1:00 pm

Networking Luncheon in Exhibit Hall
Sponsored by
Sage Intacct

 

1:10 pm - 2:00 pm

Embracing Emerging Technologies
Finance leaders are bombarded with information about how technology can facilitate and transform their entire organization -- and now it's time to put words into action, and plan for immediate changes and future potential. Join the conversation about the importance of embracing emerging technology in finance and accounting organizations and discover how you can empower your employees to incorporate technology into their roles.

Moderator:
Panelists:
 
 

2:10 pm – 3:00 pm

Deep-Dives
It is imperative for today’s finance professionals to combine broad topic knowledge with areas of deep and specialized expertise. Choose one of the three sessions below to strengthen your knowledge or learn about a new domain.

3 sessions available - choose one of the following:

Deep-Dive: Automating the Close Process
Remember when the external reporting process relied heavily on manual processes and Word documents? Technology has transformed the external reporting process, created efficiencies and improved controls. This session will explore how you can use technology to accelerate the monthly close and reduce financial close risk. PayPal and ServiceNow will present their strategy to automating the monthly close process through digital workflows.

Speakers:
 

Deep-Dive: Leases, LIBOR, and other Hot Topics
The FASB agenda and implementation issues are relevant to preparers. Learn more about Leases, LIBOR and several other burning issues.

Moderator:
Speaker:
 

Deep-Dive: Streamlining Statutory Reporting and Intercompany Transactions Through Technology
Statutory reporting and intercompany transactions are among the most complicated concepts of financial reporting. Given frequent rule changes and the number of subsidiaries many companies have, this reporting can be extremely burdensome. Learn how companies have optimized these processes and how technology can be an excellent asset to ease the burden.

Moderator:
Speaker:
  • Sarah Sabatini | Statutory Accounting Global Functional Lead | Microsoft
 
 

3:00 pm - 3:30 pm

Networking Break in Exhibit Hall
 

 

3:30 pm – 4:20 pm

The PCAOB: Two Years In
Since 2018 and the appointment of Board members, the Public Company Accounting Oversight Board (PCAOB) has engaged in extensive efforts to reevaluate the organization and study the auditing profession, particularly considering today’s environment. Learn firsthand how the Board is making progress against its 5-year strategic plan, and the key-takeaways from their consistent outreach to various stakeholder groups.

Moderator:
  • Ron Edmonds | Controller, VP of Controllers and Tax | Dow
Panelists:
  • Duane DesParte | Board Member | Public Company Accounting Oversight Board (PCAOB)
  • Jim Kaiser | Board Member | Public Company Accounting Oversight Board (PCAOB)
 
 

4:20 pm – 5:10 pm

Finance Skills of the Future
Rapid rates of transformation require finance professionals to innovate. What important skills are a must-have to succeed within the finance function? The financial professional of the future must have strategic and critical thinking skills to solve complex problems, leverage new technologies, and manage ever-changing risks.

Moderator:
Panelists:
 
 

5:15 pm - 6:30 pm

Evening Networking Reception in Exhibit Hall
Sponsored by
ServiceNow

 
 

Day 2 - Tuesday, November 12

6:30 am – 2:00 pm

Registration
 

 

7:30 am - 8:20 am 

3 Breakfast Sessions available – 1 CPE credit each

Leveraging Cybersecurity to Drive Organizational Growth
Sponsored by Crowe
Leaders from Crowe's Digital Security practice will provide insights into how organizations can transform cybersecurity from a single unit risk management function to an enterprise activity that can support the organization’s growth. Areas which will be addressed include:

  • How to use cybersecurity to gain a competitive advantage
  • Removing the mystery of how cybersecurity benefits the organization
  • How cybersecurity can impact your digital transformation

Presenters:

 

Implementing a Comprehensive ICFR Program to Quantify, Mitigate and Remediate Risky Transactions
Sponsored by Greenlight Technologies
As you transform your enterprise by moving business-critical applications to the cloud, your internal controls often can’t keep up and could quickly become a liability. You no longer have visibility into the transactions that your employees and third parties are completing across systems that can lead to an audit finding, or worse, a material weakness. In the second quarter, over 1,100 public companies reported material weaknesses in their SEC filings. Join this panel session to hear how leading companies leapfrogged traditional manual and sample-based control testing by implementing innovative ICFR initiatives to automatically monitor 100% of transactional activity to identify segregation of duties, security and compliance violations. By identifying only actual exceptions, they are able to act on what matters to the organization to quickly resolve discrepancies and improve their control environment.

We will also provide:
  • Insight into how we enabled one organization to uncover over $11B worth of risky transactions and remediate them.
  • Review of the root causes of the material weaknesses reported in the second quarter and ways they could have been avoided.
  • A framework for automatically monitoring and managing security and compliance for all applications.

Presenters:

  • Mark Kissman | Chief Financial Officer | Greenlight Technologies, Inc.
  • James Rice | VP, Customer Solutions | Greenlight Technologies, Inc.
 

Modernizing the Controller's Role in M&A
Sponsored by EY
Acquisitions and divestitures place critical and challenging requirements on Controllership to successfully deliver on the full potential of a transaction and drive long-term performance for the transformation. Controllers are playing an increasingly pivotal role in spearheading their companies through the various nuances of a transaction.

 

The gamut of responsibilities for Controllers in transactions has evolved well beyond their traditional roles (such as producing consolidated financial statements, aligning accounting policies, determining PPA, etc.,) to include managing the overall integration or divestiture programs. Controllers are expected make important decisions about financial and operational engineering and bring differentiated perspectives to support sustainable value creation in the future state.

 

Furthermore, Controllers have become stewards, leveraging specialized knowledge, data, and insights to help drive M&A strategies, stakeholder management and implementation to deliver long-term value and operational change in line with the overall deal mission. Our executive panel of industry leaders will take an in-depth look into the evolving role of a Controller at the forefront of complex transactions and leading a company’s new vision.

Moderator:

  • Mitesh Maheshwari l Managing Director, American Financial Accounting Advisory Services l EY

Panelists:

  •  Lukas Hoebarth l Partner, Strategy & Operations Leader, Transaction Advisory Services l EY
  • Kristin Newkirk l SVP, Group Controller l NBCUniversal Media
  • Mark Lynch l Finance Director l Johnson & Johnson
 

8:30 am - 8:35 am

Opening Remarks
 

 

8:35 am – 9:05 am

SEC Overview

  • Sagar Teotia | Chief Accountant | U.S. Securities and Exchange Commission
 
 

9:05 am – 9:55 am

The SEC: Office of the Chief Accountant Update
Deputy Chief Accountants at the SEC share their thoughts and perspectives on recent SEC developments including key issues facing the preparer community and the accounting profession.

Moderator:
  • Brent Woodford | Executive VP, Controllership, Financial Planning and Tax
    The Walt Disney Company
Panelists:
  • Marc Panucci | Deputy Chief Accountant | U.S. Securities and Exchange Commission
  • Kevin Vaughn | Senior Associate Chief Accountant
    U.S. Securities and Exchange Commission
 
 

9:55 am – 10:30 am

Networking Break in the Exhibit Hall

 
 

10:30 am – 11:20 am

The SEC: Division of Corporate Finance Update
The Division of Corporate Finance monitors the filings of public companies to protect investors, maintain fair, orderly, and efficient markets and facilitate capital formation. Learn firsthand about the major trends and the Division’s future priorities.

Moderator:
  • Brent Woodford | Executive VP, Controllership, Financial Planning and Tax
    The Walt Disney Company
Panelists:
  • Kyle Moffatt | Chief Accountant, Division of Corporation Finance
    U.S. Securities and Exchange Commission
  • Lindsay McCord | Deputy Chief Accountant | U.S. Securities and Exchange Commission
  • Patrick Gilmore | Deputy Chief Accountant | U.S. Securities and Exchange Commission
 
 

11:20 am – 12:10 pm

Deep-Dives
It is imperative for today’s finance professionals to combine broad topic knowledge with areas of deep and specialized expertise. Choose one of the three sessions below to strengthen your knowledge or learn about a new domain.

3 sessions available - choose one of the following:

Deep-Dive: CECL and Hedging
The new standards on credit losses and hedging do not only impact financial institutions. You’ll learn more about how these two standards can have an impact -- not only on accounting and reporting -- but on processes and controls.

Speakers:

Deep-Dive: Impact of an Evolving Regulatory Environment on Accounting and Reporting
The outside regulatory environment is inevitably causing changes for the finance and accounting functions. Uncover the impacts on financial reporting, and learn how to be agile and change-ready in an evolving environment.

Moderator:
Speakers:
  • Doug Smith l Director l PwC
  • Tom Spoerel l Vice President, Controller and Chief Accounting Officer l Becton, Dickinson and Company
  • Adam Lisman l Senior Finance Director l Johnson & Johnson

Deep-Dive: RPA
The nature of finance and accounting requires many repetitive and time-intensive tasks and processes. Companies have tried to tackle these tasks through a myriad of methods including outsourcing and shared service centers. Discover how robotic process automation allows companies to transfer repetitive and time-intensive tasks to computers, shifting the finance organization’s time to more strategic and value-adding initiatives.

Speakers:

 
 

12:10 pm – 1:25 pm

Networking Luncheon in Exhibit Hall
 

 

1:25 pm – 2:15 pm

Keynote Presentation: Intentional Leadership
Leadership does not just happen! In today’s environment there are a few things that powerful, impactful leaders should do intentionally to not only retract and retain the best talent, but to motivate, inspire and propel that talent to deliver outsized performance. Carla Harris will discuss her “pearls” of intentional leadership.

Keynote:

Carla Harris | Vice Chairman, Managing Director and Senior Client Advisor
Morgan Stanley

 
 

2:15 pm – 3:05 pm

Creating a Change Ready Environment
A lot of time is spent talking about technology, process, robotics, etc., and little time is spent talking about the environment necessary to accept, embed, and sustain the change. Acquire effective and best practices that can assist leaders in creating a change-ready environment and understand its importance in fostering innovation.

Moderator:
Panelists:
 

3:05 pm – 3:55 pm

Controllers’ Roundtable
What are the key takeaways from CFRI and how can they be operationalized? Controllers from some of the largest companies in Corporate America will debrief on the important themes discussed and share their perspectives on day-to-day management through the interconnectivity of technical accounting and financial reporting, technology, service delivery, transformation and people issues. Learn about the challenges they face today and what their expectations are for the future of finance.

Moderator:
  • Laura Shiffman | Professional Accounting Fellow | Financial Executives International
Panelists:
  • Aaron Anderson | Chief Accounting Officer | PayPal Holdings, Inc.
  • Marie Gallagher | Senior Vice President and Controller | PepsiCo Inc.
  • Stephen Rivera | VP, Global Technical Accounting Advisory Services & Policy
    Johnson & Johnson
 
 

3:55 pm - 4:00 PM

Closing Remarks and Adjournment 
 

 
 

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