Center for Financial Reporting & Management

13th Annual Conference on Financial Reporting

Friday, November 8, 2002; San Francisco Marriott Hotel


This conference brings together accounting standard setters, enforcement officials, corporate financial executives, and professional and academic accountants to discuss current issues in financial accounting and corporate reporting. The format is an open one so that members of the audience can address their concerns to the speakers and panalists.

U.S. Congressman James Greenwood will give the keynote address. Representatives of the Financial Accounting Standards Board will report on current and emerging issues at the FASB and describe the progress toward the resolution of these issues. The Securities and Exchange Commission will be represented at the conference by a former commissioner, the Deputy Chief Accountant, and the Deputy Director, Division of Enforcement, who will report on recent developments and on plans for the future. Members of the Committee on Corporate Reporting of Financial Executives International as well as members of the accounting profession will be involved in these discussions.

This year's conference also includes sessions on stock options and off-balance sheet financing. The accounting for stock options has received heightened attention in recent months; both sides of the debate will be represented here. The session on off-balance financing will review developments that have been in the news lately, including the new Exposure Draft by the FASB on the consolidation of special-purpose entities.

Program Schedule

Download a copy of the schedule in Microsoft Word format or as a PDF file.

November 8th, 2002 (Friday)

7:45am. -- 8:30am.

Continental Breakfast

8:30am. -- 8:40am.

Rada Brooks
Executive Director; Center for Financial Reporting and Management
Haas School of Business

8:40am. -- 9:10am.

Opening Address
Katherine Schipper
Board Member
Financial Accounting Standards Board

9:10am. -- 10:35am.

Current Issues at the SEC
Members of the Divisions of Enforcement and Office of the Chief Accountant will report on the plans and developments at the Securities and Exchange Commission.

Introductory Comments
Issac C. Hunt
Former Commissioner
Securities and Exchange Commission

Rada Brooks
Executive Director; Center for Financial Reporting and Management
Haas School of Business

Scott Taub
Deputy Chief Accountant
Office of the Chief Accountant
Securities and Exchange Commission

Linda Thomsen
Deputy Director, Division of Enforcement
Securities and Exchange Commission

10:35am. -- 10:50am.


10:50am. -- 12:15pm.

Emerging Issues in Financial Reporting and the FASB Agenda
This session discusses financial reporting issues on the FASB agenda as well as emerging issues

Xiao-Jun Zhang
Associate Professor and Co-chair of Haas Accounting Group
Haas School of Business

Phil Livingston
National President and CEO
Financial Executives International (FEI)

Andrew M. Mintzer, CPA
Accounting Standards Executive Committee (AcSEC)

Edward W. Trott
Board Member
Financial Accounting Standards Board

12:15pm. -- 1:45pm.


Introduction of Keynote Speaker
John McCaffrey
Managing Partner
PricewaterhouseCoopers LLP

Keynote Speaker
James Greenwood
U.S. Congressman
Chairman of the Energy and Commerce Committee
Subcommittee on Oversight and

2:00pm. -- 3:25pm.

Stock Options
This Panel will discuss various issues surrounding the accounting for stock options.

Brett Trueman
Donald and Ruth Seiler Professor of Public Accounting
Haas School of Business

Rich Imrisek
Senior Manager

Norman N. Strauss
Porfessor in Residence, Baruch College
Former National Director of Accounting Standards,
Ernst & Young LLP
Member, FASB's Emerging Issues Task Force

George Zinn
Assistant Treasurer
Microsoft Corporation

3:25pm. -- 3:35pm. Refreshments
3:35pm. -- 5:00pm.

Off-Balance Sheet Financing
One of the newest developments is the Exposure Draft issued by the FASB on special-purpose entities

Introductory Comments
Edward W. Trott
Board Member
Financial Accounting Standards Board

Alan Cerf
Professor Emeritus
Haas School of Business

Doug Barton
Partner, Deloitte & Touche LLP
Merger and Acquisitions Services
Former SEC Professional Accounting Fellow

John Hertz
Accounting Policy Controller
Intel Corporation

Jeffrey T. Allen
PricewaterhouseCoopers LLP

5:00pm. -- 6:00pm. Reception

Organizations Represented

  • AcSEC
  • Deloitte & Touche LLP
  • Financial Accounting Standards Board (FASB)
  • Financial Executives International (FEI)
  • Intel Corporation
  • PricewaterhouseCoopers LLP
  • Securities and Exchange Commission (SEC)

Hotel Location, Directions and Accommodations

San Francisco Marriott: 55 Fourth Street, San Francisco, CA
Phone: (415) 896-1600, Fax: (415) 777-2799.

Please click here for a map and click here for directions.

A limited number of hotel rooms are available at the San Francisco Marriott Hotel for the nights of November 7-9 at $179.00 for a single room and $199.00 for a double room. Please indicate on the reservation form if you require a room. CFRM will make your reservation for you. Payment is to be made to the hotel upon departure. Room reservations must be made by October 17 to guarantee this rate!