Sunday, January 18, 2009

Last call for Toronto Summit

There will be a Summit on IFRS for Canada on January 27 - 28, 2009. The two day event will deal with practical issues on IFRS and representatives from various companies will be speaking on a number of issues related to IFRS conversions. The organizations represented at the Summit include:
Accounting Standards Board Canada
International Financial Reporting Interpretations Committee (IFRIC)
Microsoft Corporation
Bombardier Inc
AltaGas Ltd
The Finance Group
Canadian Financial Executives Research Foundation
Homes Trust Company
Hydro One
Axiotron
HEC Montreal
egX Group Inc.
The Kidney Foundation of Canada
Agrana Fruit US Inc
Canam International
Agrium Inc.
TD Bank Financial Group
Gildan Activewear Inc,

The session will deal with private company issues and small/medium size businesses as well as public company issues. The topics include "the usual suspects".

Project management for IFRS
IFRS1 Implementation issues
Property, Plant and Equipment
Mergers and Acquisitions
Fair Value Accounting

The presentations will be given by people with real life implementation experiences.

I (the IFRS Exorcist herself) will be giving a workshop on pension and other related areas . I will be covering IAS 19 Employee Benefits for the most part but I will also be talking about recent discussions on pension funds and pension plans. I will not be dealing with stock option plans. The session will be held post conference, on the second day of the event.

Although much has been said about current pension issues not a lot has been said about IFRS and pension issues for Canada. Perhaps I am walking in "where angels fear to tread?" Let's see!

I cannot overemphasize the need to look at your pensions issues now. Work with your actuary to develop a plan. Take your plans and analyze them under IFRS. Do not rely on trying to just find differences. You need to understand where the differences might be but you must take a fresh look. I will report on the meeting and issues that come out of it.

As a reader of this blog you are entitled to a discount. Please contact Kim Vigilia at to register for the best possible pricing. Please state that you are a reader of this blog.

IQPC || 535 Fifth Avenue, New York, NY 10017

Ph: 212-885-2753 || Fax: 888.231.7864 || kim.vigilia@iqpc.com

For details please go to the IQPC website.

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