Acumen

Replacement of IAS 39, IFRS 4, Consolidation

Up-To-Date IFRS Developments For First Time Adoption of IFRS and Planning For The Replacement OF IAS 39

September 21-22, 2010 • Grand Hotel • Toronto

With the conversion date for IFRS rapidly approaching, many key standards affecting financial institutions are in flux as the IASB continues to revise and update IFRS. Unfortunately, conversion in Canada is likely to occur with the final version on many of these standards not finalized, leading to a double conversion in a year or two in several critical areas.

As many as eleven exposure drafts are to be issued before the end of this year which, together with recently changed standards, is placing increasing pressure on you to effectively plan current, and prospective, changes. This timely event will explore the most current issues for initial conversion. Our faculty of experts will provide insights on the most recent developments and interpretations affecting IFRS adoption for financial institutions as well as how to plan for pending standards including

Ongoing turmoil in the financial markets and the economy does not relieve the compliance burden. In fact, given the defaults and problems that have come to light in recent times, regulators and market watchers will be more focused than ever on sound management and effective governance. Key to this will be your effective transition to IFRS and managing the financial statement volatility this will generate. Providing clear and consistent disclosure during this period will be vital to how you are perceived in the marketplace.

I am pleased to offer you and your colleagues an opportunity for early registration to IFRS Update For Financial Institutions. This information-packed conference offers a wealth of valuable, useful ideas for you and your company and, by registering now, you can also save up to $300.00 off the regular fees. Please review the enclosed program agenda and take advantage of the savings available through this special offer.

IFRS Update For Financial Institutions has been specifically tailored to meet your immediate information needs for executing this monumental challenge. With an operations focus on transition and implementation, this event will walk you through

AcSB update on IASB developments affecting financial institutions

OSFI perspectives on IFRS adoption

IFRS conversion for financial instruments including IFRS 9

Impairment of financial instruments

Fair valuation of financial instruments for banks

Fair valuation of financial instruments for insurance companies

Financial instrument disclosures –IFRS 7, Pillar 3, IFRS 9 and more

Designing hedging relationships and understanding causes of hedge ineffectiveness for banks

Hedging relationships for IFRS adoption and the IFRS 9 ED (if issued)

Securitization and off-balance sheet financing – consolidation requirements

IFRS 4, Phase II ED – new standards for insurance contracts

IFRS 4 disclosure and presentation issues

Counterparty risk management including developments in OTC derivatives regulation

This signature event provides a first-hand opportunity to hear from, and speak with, leading national experts on IFRS for banking and insurance companies. In addition, you will have a unique opportunity to meet with your peers to discuss how they are responding to the challenges of this major development for financial accounting and ongoing disclosure obligations .



	IFRS Update For Financial Institutions - Replacement of IAS 39, IFRS 4, Consolidation Up-To-Date IFRS Developments For First Time Adoption of IFRS and Planning For The Replacement OF IAS 39 September 21-22, 2010 • Grand Hotel • Toronto Conference Overview With the conversion date for IFRS rapidly approaching, many key standards affecting financial institutions are in flux as the IASB continues to revise and update IFRS. Unfortunately, conversion in Canada is likely to occur with the final version on many of these standards not finalized, leading to a double conversion in a year or two in several critical areas. As many as eleven exposure drafts are to be issued before the end of this year which, together with recently changed standards, is placing increasing pressure on you to effectively plan current, and prospective, changes. This timely event will explore the most current issues for initial conversion. Our faculty of experts will provide insights on the most recent developments and interpretations affecting IFRS adoption for financial institutions as well as how to plan for pending standards including Fair Value Measurement IAS 39 replacement for financial instruments and hedge accounting Financial instrument impairment Consolidations, joint ventures and de-recognition Provisions Financial statement presentation Ongoing turmoil in the financial markets and the economy does not relieve the compliance burden. In fact, given the defaults and problems that have come to light in recent times, regulators and market watchers will be more focused than ever on sound management and effective governance. Key to this will be your effective transition to IFRS and managing the financial statement volatility this will generate. Providing clear and consistent disclosure during this period will be vital to how you are perceived in the marketplace. I am pleased to offer you and your colleagues an opportunity for early registration to IFRS Update For Financial Institutions. This information-packed conference offers a wealth of valuable, useful ideas for you and your company and, by registering now, you can also save up to $300.00 off the regular fees. Please review the enclosed program agenda and take advantage of the savings available through this special offer. IFRS Update For Financial Institutions has been specifically tailored to meet your immediate information needs for executing this monumental challenge. With an operations focus on transition and implementation, this event will walk you through AcSB update on IASB developments affecting financial institutions OSFI perspectives on IFRS adoption IFRS conversion for financial instruments including IFRS 9 Impairment of financial instruments Fair valuation of financial instruments for banks Fair valuation of financial instruments for insurance companies Financial instrument disclosures –IFRS 7, Pillar 3, IFRS 9 and more Designing hedging relationships and understanding causes of hedge ineffectiveness for banks Hedging relationships for IFRS adoption and the IFRS 9 ED (if issued) Securitization and off-balance sheet financing – consolidation requirements IFRS 4, Phase II ED – new standards for insurance contracts IFRS 4 disclosure and presentation issues Counterparty risk management including developments in OTC derivatives regulation This signature event provides a first-hand opportunity to hear from, and speak with, leading national experts on IFRS for banking and insurance companies. In addition, you will have a unique opportunity to meet with your peers to discuss how they are responding to the challenges of this major development for financial accounting and ongoing disclosure obligations .