8:30 - 9:00 | |
Continental Breakfast |
9:00 - 9:10
Welcome and Opening Remarks from the Chair
Dan Rollins, Partner, Deloitte & Touche LLP (Vancouver)
9:10 - 10:10
IFRS Transition: Specific Implications for U.S.- Listed Companies
Gregg Orr, Partner, Deloitte & Touche LLP (Vancouver)
- Implications of the transition to IFRS for companies listed in the United States
- Choosing between U.S. GAAP and IFRS
- Future IFRS developments that will affect the way you do business
10:10 - 10:25 | |
Networking Break |
10:25 - 11:25
Understanding Major Changes to Revaluation Under IFRS
Kristine Lux, Senior Manager, Grant Thornton LLP Vancouver
- Outlining your ability to perform more revaluations more often under IFRS
- Highlights of how revaluation will affect disclosure requirements in the event you donít do revaluations
- Assessing differences between the Revaluation Model and the Fair Value Model
11:25 - 12:20
Impairment of Assets: Major Changes You Need to Know
Darren Downs, Senior Manager AABS Vancouver, Deputy Mining Industry Leader, Ernst & Young (Vancouver)
- Impairment testing model under IFRS
- Key differences between Canadian GAAP and IFRS
- How will you be affected most
1:45 - 2:45
Understanding New Standards for Business Combinations
Darren Downs, Senior Manager AABS Vancouver, Deputy Mining Industry Leader, Ernst & Young (Vancouver)
- Learn about new standards for business combinations
- Commentary on post-acquisition accounting for the consolidation, proportionate consolidation, and equity methods
- Review the approach to step acquisitions
2:45 - 3:00 | |
Networking Break |
3:00 - 4:00
Enterprise-Wide Implications of IFRS: Impacts on Your Accounting, Reporting, and IT Systems
Barb Livingston, Senior Principal, KPMG LLP (Vancouver)
- Addressing potential impacts of IFRS conversion on your IT systems
- New systems alternatives to ensure a smooth transition
- Cost concerns
- Staffing and training issues
4:00 - 4:45
Mining and Other Resource Industries under IFRS: Main Differences and Their Implications
Gregg Orr, Partner, Deloitte & Touche LLP (Vancouver)
- Potential impacts on mining and other resource industries
- Accounting for exploration costs
- Moving from the exploration to the development stage
4:45 - 5:00 | |
Closing Remarks from the Chair; End of Day Two |
| 
