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Events
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The World Bank Group Controller and KPMG Annual Technical Accounting Workshop
May 13, 2014Preston Auditorium, World Bank, Washington DC

This one-day workshop, which runs from 8:30 am to 5:00 pm, brings together leading experts from KPMG for an in-depth discussion on current accounting and finance issues facing the Banking industry. NOTE: This event is currently only open to World Bank Group, IMF, IADB and other Multilateral Development Banks (MDB) staff.

Jointly sponsored by the WBG Controller and KPMG, this one-day conference brings together leading experts from KPMG for an in-depth discussion on current accounting and finance issues facing the Banking industry. The conference will also feature interactive Q&A sessions during the day with the speakers and panels. 

There will be an in-depth discussion on new US GAAP and IFRS accounting pronouncements as well as a discussion on the International Integrated Reporting Framework. Other topics for discussion include new Banking regulations that are being enacted by Dodd-Frank and BASEL III.  

As in previous years, the conference attracts finance and accounting professionals across the World Bank Group, as well as the International Monetary Fund and the Inter-American Development Bank. This conference qualifies for Continuing Professional Education (CPE) credits.

Meeting materials are available via Dropbox to all confirmed registrants; if you have registered for the event and you have not received an email with these details, please contact us using the appropriate tab above.

Lunch and refreshments will be provided.  


The World Bank Group Controller and KPMG
Technical Accounting Workshop Agenda
Preston Auditorium
Tuesday, May 13, 2014

TOPIC

FACILITATOR

TIME

Registration

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8:30 - 9:00

Welcome/Introductions

Bernard Lauwers, Vice President and World Bank Group Controller

9:00 - 9:15

Current Financial Market Update/Trends

Brian Stephens, KPMG

9:15 - 10:15

Break/Refreshments

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10:15 - 10:30

Public Policy Developments

  • Healthcare reform
  • Other

Priya Dayananda, KPMG

10:30 - 11:15

Regulatory Update / Other Developments

  • Dodd-Frank
  • Basel III
  • Other

Jim Low, KPMG

11:15 - 12:00

Audit Update

  • PCAOB Matters
  • Auditor Rotation – Global Considerations
  • COSO Framework – Practical Thoughts

Rob Chevalier, KPMG

12:00 - 12:30

Lunch

12:30 - 1:30

Integrated Reporting

Matt Chapman, KPMG

1:30 - 2:45

Break/Refreshments

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2:45 - 3:00

SEC Matters
FASB FS Update
Financial Instruments Project

  • Classification and measurement
  • Impairment
  • Hedging

Tom Canfarotta, KPMG

David Britt, KPMG

Natasha Boswell, KPMG

3:00 - 4:00

IFRS and FASB Convergence

  • Recent Developments
  • FASB Non FS Update

Paul Munter, KPMG

4:00 - 4:45

Closing Remarks

Zinga Venner, CTR Division Manager, Financial Reporting & Analysis

4:45 - 5:00


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NATASHA BOSWELL
Senior Manager, Financial Services

Natasha is a Senior Manager in KPMG’s Financial Services practice. She has 14 years of experience providing financial statement audit and audit of internal control services. She joined the Practice Advisory group within the firm’s New York-based Department of Professional Practice (“DPP”) in 2011 and serves as a key member of KPMG’s Banking and Finance team within DPP. Natasha is responsible for advising KPMG financial services clients and engagement teams on accounting and auditing issues. Her function and specialization is financial statement audit and internal control audit services for financial services companies.

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DAVID C. BRITT
Partner
National Office – Financial Services

David is currently a Senior Partner in our National Office supporting our Banking Practice. Prior to this David was the Partner in charge of KPMG LLP’s New York Financial Services Audit practice.  In addition through April 2012 he served as the Lead Audit Partner for the Americas as well as Global Lead partner for the Investment Bank on one of KPMG’s largest Global Financial Services Clients.

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THOMAS W. CANFAROTTA
Partner

Tom Canfarotta is an audit partner in KPMG’s Financial Services practice. He joined the Practice Advisory group within the firm’s New York-based Department of Professional Practice (“DPP”) in 2008 and serves as a lead partner for our Banking and Finance team within DPP. Tom is responsible for advising our banking clients and audit engagement teams on a broad range of accounting and auditing issues, as well as current accounting standard-setting activities.

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MATTHEW CHAPMAN
Senior Manager

Matt runs KPMG’s Better Business Reporting Group, a global network of professionals dedicated to improving the relevance of business reporting.  Matt is the author of a number of publications on Integrated Reporting and has worked closely with the IIRC in the development and promotion of the Integrated Reporting Framework.

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ROBERT E. CHEVALIER
Partner

Rob is an Audit partner in KPMG’s Department of Professional Practice (DPP).  He has 30 years of experience providing financial statement audit services, with a focus primarily in the Technology, Media and Telecommunications (TMT) practice. Rob also served on the Auditing Standards Board, which is the senior technical committee of the American Institute of Certified Public Accountants (AICPA) designated to issue auditing standards and guidance relating to private entities in the United States.

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PRIYA DAYANANDA
Director, Federal Government Affairs

Ms. Priya Dayananda has been the Director of Federal Government Affairs since May 2006. The Office of Government Affairs is responsible for representing KPMG’s interests in all matters of public policy before the Federal and state governments and for assisting non-U.S. practices in achieving their government affairs goals. Ms. Dayananda advances the U.S. firm’s public policy agenda by communicating the firm’s priorities and positions to the Administration, Members of Congress, and Regulators.

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JAMES H LOW, JR.
Partner

James (Jim) is an Audit Partner in KPMG’s Financial Services Practice based in the Minneapolis and the New York office and has extensive industry experience serving large diversified financial services organizations. He is currently leading up KPMG’s Financial Services Regulatory Center of Excellence focusing on the Dodd-Frank Consumer Protection and Welfare Reform Act including Conflict Minerals.

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PAUL MUNTER, PHD, CPA
Partner
Department of Professional Practice—Audit & Advisory

Paul serves as the lead technical partner for the US firm’s international accounting and IFRS activities and also serves on KPMG’s Global IFRS Panel which is responsible for establishing KPMG positions on the application of IFRS. He also is involved in the development of firm positions in response to proposals from the IASB, IFRIC, FASB, SEC and other standard setters as well as the development of the firm’s guidance and publications including Comparison of IFRS to US GAAP and First Impressions:  Business Combinations (joint IASB/FASB project).

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BRIAN B. STEPHENS
Partner
National Sector Leader, Banking & Capital Markets

Brian has spent his career in the audit practice of KPMG. He joined KPMG in Johannesburg, South Africa in 1979, qualifying as a Chartered Accountant (S.A.) In 1987 Brian was admitted to the South African partnership at which time he assumed responsibility for that firm’s national technical office. In 1989 Brian transferred to the United States, joining the New York banking practice. He was admitted to the U.S. partnership in 1993.

The World Bank Group Controller and KPMG Annual Technical Accounting Workshop will be held at the World Bank Group Headquarters in Washington DC on May 13, 2014.

To register, please select the applicable link below. The registration deadline is May 9, 2014.

World Bank Group Staff Registration (LMS)

Registration is FREE for World Bank Group staff who sign up by May 9, 2014. Charges will apply after that date, as noted below:

Late registration (after May 9, 2014) $150
Late cancellation (after May 9, 2014) $150
No show $150

IMF and IADB Staff Registration

Conference Fee:

The fee for participation for IMF and IADB Staff is US$150 per person. This fee applies to participation in all sessions, lunch, and refreshment breaks. The fee does not include travel or accommodation expenses, which should be planned by each participant. To secure your place at this conference, kindly follow the relevant payment instructions below after registering to attend the conference.

Charges will apply for all registrants in the following circumstances:

Late registration (after May 9, 2014)             $150
Late cancellation (after May 9, 2014) $150
No show $150

For any specific questions about the event, please contact:

Overview
  • When: Tuesday, May 13, 2014 8:30 am to 5:00 pm
  • Where: World Bank, Preston Auditorium: 1818 H Street NW, Washington DC
  • Who: This event is currently only open to World Bank Group, IMF, IADB, and other MDB staff.