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Events

The World Bank Group Controller and KPMG Annual Finance and Accounting Conference

May 15, 2018

Washington, D.C.

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This one-day workshop, which runs from 8:30 am to 5:30 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 Bank (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.

    There will be in-depth discussions on new US GAAP, IFRS accounting pronouncements and developments in corporate reporting. Other topics include enhancing the working relationship in the financial reporting supply chain and cyber security.

    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 will be available one week before the start of the event under the appropriate tab above.

    Lunch and refreshments will be provided.

     

  • The World Bank Group Controllers and KPMG
    Annual Finance and Accounting Conference

    Agenda

    Preston Auditorium
    May 15, 2018

    Topic

    Facilitator

    Time

    Registration / Breakfast

     

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    8:30-9:00

    Welcome/Introductions

     

    Joaquim Levy, Managing Director and World Bank Group Chief Financial Officer

    9:00-9:10

    Logistics for the Day

     

    Paul Bravery, IFC Controller, World Bank Group

    9:10-9:15

    Current Financial Market Update & Trends

     

    David Reavy, Partner, KPMG US Head of Banking & Capital Markets

    9:15-10:00

    Corporate Governance

     

    Stephen Brown, Senior Advisor, KPMG Board Leadership Center

    10:00 – 10:45

    Break/Refreshments

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    10:45 – 11:00

    ESG / Impact Investing

    Stephen Brown, Senior Advisor, KPMG Board Leadership Center

     

    11:00 – 11:45

    Impact Measurement

    Martin Chrisney, Director, KPMG International Development Assistance Services Institute

    11:45 – 12:30

    Lunch

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    12:30 – 1:15

    Data Privacy (Cyber, GDPR)

    Fred Rica, Partner, KPMG Cyber Security Practice

    1:15 – 2:00

    Accounting and Financial Reporting – Standard Setting Priorities

     

    Paul Munter, Partner, KPMG National Office

    2:00 – 2:45

    Break/Refreshments

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    2:45 – 3:00

    Accounting and Financial Reporting – Financial Instruments Update

     

    Mike Gaiso, Managing Director, KPMG National Office

    3:00 – 3:45

    Regulatory Developments

     

    Priya Dayananda, Managing Director, KPMG Government Affairs

    3:45 – 4:15

    Intelligent Automation  

    Kirke Everson, Managing Director, KPMG Government and Public Sector Intelligent Automation

    4:15 – 4:45

    Closing Remarks

     

    Bernard Lauwers, Vice President and World Bank Group Controller

     

    4:45 – 5:00

     

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    DAVID J. REAVY

    Partner, KPMG's U.S. Banking & Capital Markets tax, advisory and audit practices

    David is a senior audit partner leading KPMG’s U.S. Banking & Capital Markets tax, advisory and audit practices as the National Sector Leader. Based in New York, he also currently serves as the Lead Partner for the Credit Suisse Americas account where he is responsible for the delivery of all services in the Americas, including the signing partner for the significant US audit, the Lead U.S. partner liaison for KPMG’s Global Delivery Center where he serves as a member of the GDC board of directors and oversees the 1,000 person operations in Bangalore and Kochi, and as SEC reviewing partner, a role limited to the firm’s most senior, technical partners. David is a frequent public speaker and leads many of the firm’s industry and technical trainings for our senior financial services professionals. David is also helping to lead the firm’s innovation efforts related to Data & Analytics and Cognitive Technologies in our audit practice and firm.

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    STEPHEN L. BROWN

    Senior Advisor, KPMG Board Leadership Center

    Named by NACD as one of the 100 most influential people in corporate governance and the boardroom, Stephen L. Brown is a globally recognized governance expert, thought leader and trusted advisor to corporate boards and C-suites. Currently, he is a Senior Advisor at KPMG Board Leadership Center. At BLC, he articulates boardroom challenges and actionable thought leadership on strategy, risk, talent, technology, globalization, and financial reporting by engaging with directors, business leaders and investors. Mr. Brown founded The Edgerton Group, a boutique consulting firm that advises boards and management on critical corporate governance issues including anti-activist defense, executive compensation and other proxy disclosures, board evaluations and shareholder engagement. Formerly, he led TIAA’s (Nuveen) Corporate Governance Group which managed the corporate governance and social responsibility initiatives related to the firm’s over $900 billion investment portfolio. Mr. Brown was also the CEO of the Society of Corporate Governance, practiced securities law at WilmerHale and Skadden, and was an associate with Goldman Sachs. He has served as a judge for Corporate Secretary Magazine Corporate Governance Awards and the NYSE Governance, Risk & Compliance Leadership Awards.

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    MARTIN D. CHRISNEY

    Director, International Development Assistance Services Institute

    At the International Development Assistance Services Institute, Mr. Chrisney provides thought leadership on innovative financing, shared value/impact investing, business strategy, and other global development topics resulting in high-value knowledge products, improved client engagements, and outreach for KPMG’s work in developing countries. His work focuses on enhancing project delivery in engagements with governments, bilateral donors, non-profit organizations, and key development organizations. He has designed and implemented donor challenge funds in Latin America and the Caribbean and served on the Executive Committee of Compete Caribbean, a DFID-sponsored program to support private sector development in the region. He has had roles in strategy formulation at multilateral development banks, various advisory engagements with public sector institutions, and operational experience in the use of innovative financing instruments. He also has worked as a country economist in a multilateral organization and conducted country credit and risk assessments for banking clients.

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    FRED RICA

    Principal, KPMG Cyber and National Cyber Defense Leader

    Fred Rica is a Principal in KPMG Cyber and National Cyber Defense Leader. Mr. Rica is a skilled technology professional with significant experience in IT security, governance and risk management. Mr. Rica is a nationally recognized authority on the subject of information security and has performed or managed hundreds of security assessments, design and implementation projects of large and complex processing environments over the last twenty five years. Mr. Rica is a frequent presenter and commenter on the topic of information security and risk and has spoken at numerous conferences including the Black Hat Briefings. Mr. Rica is often quoted in print media and has appeared on CNN, FOX and other major networks. Mr. Rica has helped some of the world’s foremost users of technology solve complex risk management issues including American Express, AT&T, IBM, International Monetary Fund, MasterCard, Pepsi, Pfizer, Prudential, RJR Nabisco, U.S. House of Representatives, and the World Bank.

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    PAUL MUNTER

    Partner, Department of Professional Practice- Audit

    Paul is a Partner in the Department of Professional Practice—Audit. He 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. Paul 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). He served as the Academic Fellow in the Office of the Chief Accountant at the U.S. Securities and Exchange Commission where he worked on many of the Commission’s Sarbanes-Oxley initiatives and rule-making activities. He was honored by the Texas Society of CPAs as its first “Outstanding Discussion Leader.” He has also been honored by the Florida Institute of CPAs as its Outstanding Educator and he was honored by Beta Alpha Psi as the National Business Information Professional of the Year.

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    PRIYA DAYANANDA

    Managing Director, Federal Government Affairs

    Priya Dayananda is a Managing Director of the Federal Government Affairs group. Priya joined KPMG in 2006 as the Director of Federal Government Affairs. 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. Ms. Dayananda lobbies the Administration, and Democrats and Republicans in the United States House of Representatives and the United States Senate. She also provides strategic counsel to KPMG clients on various public policy initiatives. Ms. Dayananda supports KPMG’s financial services practice regarding regulatory and legislative initiatives.

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    KIRKE EVERSON

    Managing Director, KPMG's US Federal Advisory Defence and Intelligence Sector

    Kirke Everson is a Managing Director with KPMG’s US Federal Advisory Defense and Intelligence Sector, and the Government and Public Sector Intelligent Automation Lead. He provides a broad range of expertise in management consulting strategy and transformation, intelligent automation, information technology transformation, program management, information assurance, Federal financial management and risk management. He primarily supports clients in the Defense and Intelligence sector and has supported clients in civilian Federal agencies, state and local government, large public and private companies, and non-profit organizations. He also lead KPMG’s Intelligent Automation (IA) efforts across Government and helps Federal, state and local governments implement IA solutions.

  • After attending this course, participants should be able to:

    • Define and apply the key trends in the current financial market including changes within the banking industry and trends seen in the market
    • Identify issues, challenges and opportunities within the financial services industry
    • Discuss the topic of Board Governance and accountability in light of shareholder value creation
    • Identify the implications of ESG standards and impact investing trends in the context of accounting standards and trends
    • Describe the importance of impact measurement in terms of ‘triple bottom line’ approaches to business and investing
    • Understand recently issued GDPR standards and implications
    • Discuss recent developments relating to financial instruments
    • Describe the current standard setting priorities for financial reporting
    • Determine the effects of regulatory decisions on the financial services industry
    • Comprehend the implications of Intelligent Automation on finance and accounting work streams

    Target Audience: This course is designed for and currently open only to World Bank Group, IMF, IADB and other MDB staff.

    Program Description: 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 between the audience and the presenters. This will be an in-depth discussion on US GAAP and IFRS accounting pronouncements as well as a discussion on the International Integrated Reporting Framework. 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 credits. Meeting materials will be available one week before the start of the event. Breakfast, lunch and refreshments will be provided.

    NASBA Instructional Delivery Method: Group live (classroom/lecture)

    Estimated CPE Credit: This course is worth approximately 8 credits.

    Prerequisites: None required

    Advance Preparation: None required

    Program Level: Update - Learning activity level that provides a general review of new developments. This level is for participants with a background in the subject area who desire to keep current.

    KPMG Accommodations Statement: KPMG provides reasonable accommodations to individuals who request such accommodations to participate in training. Individuals requesting such an accommodation(s) should contact your local HR professional at least two weeks prior to the start date of the program.

    Course Registration Requirements: Please register at the link provided in the Registration tab above.

    Refund/Cancellation Policy: There is no refund available for this course. Penalty assessed for any no show.

    Complaint Resolution Policy: Any questions about or issues with this course may be emailed to the Local Office Training Program Coordinator, Candice Brinkman, at CBrinkman@kpmg.com

    Official NASABA CPE Sponsor Statement: KPMG is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final Authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN 37219-2417. Website: www.nasba.org.

     

  • The World Bank Group Controller and KPMG Annual Finance and Accounting Conference will be held at the World Bank Group Headquarters in Washington DC on May 15, 2018.

    To register, please select the applicable link below:

    World Bank Group Staff Registration (OLC)

    Registration is FREE for World Bank Group staff who sign up by May 08, 2018. Charges will apply after that date, as noted below:

    Late registration (after May 08, 2018)$200
    Late cancellation (after May 08, 2018)$200
    No show$200

    IMF and IADB Staff Registration

    Conference Fee:

    The fee for participation for IMF and IADB staff is US$200 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 08, 2018)$200
    Late cancellation (after May 08, 2018)$200
    No show$200

     

  • For any specific questions about the event, please contact: