SEC Updates

·         What 's New at the SEC

·         Comment Letter Process

·         Rulemaking Activities

·         Most Frequently Reviewed Issues

·         Restatements

·         SEC Activities on International Financial

      Reporting Standards (IFRS)

      IFRS

·         Preparation for IFRS Implementation

·         Phasing in IFRS

·         Industry Impact

·         Special Issues Regarding Mergers & Acquisitions

      PCAOB Updates

·         Update on Recent Standard Setting Activity

·         Triangular Relationship: Auditor, Management,

      and Audit Committee

·         Selection Process for Inspections of Engagements

      FASB Updates

·         Current Projects

·         Equity vs. Debt

·         Fair Value Option (Phase 2) & Pensions (Phase 2)

·         Revenue Recognition

·         Convergence Blue Print

·         "Hedging Simplified" Project

·         Business Combinations

      New Accounting Standards

·        Implementing SFAS 141R & 160: Business

      Combinations & Non-controlling Interests

·        Major Changes for Practice

·        Audit & Valuation Challenges

·        Implementing SFAS 157 & 159

      The Audit Committee and Risk Management

·        Improving Risk Management & Oversight

·        Enterprise Risk Management - Responsibilities

      of the Audit Committee and the Board

·        Getting Up to Speed on Fair Value & IFRS

·        Leveraging 404

·        Mitigating Litigation Risk