FEI Hosts 35th Annual Current Financial Reporting Issues (CFRI) Conference

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Two-Day Conference to Feature Regulatory and Standard Setting Updates from the SEC and FASB - Keynotes by Cathy Engelbert, Chief Executive Officer, Deloitte, LLP and Joel Naroff, Founder and President, Naroff Economic Advisors

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Andrej Suskavcevic, CAE, President and CEO of FEI and Financial Executives Research Foundation (FERF) said, “CFRI is a unique and comprehensive two-day event, offering special access to the most dynamic thought leaders in financial management."

Financial Executives International (FEI), the association of choice for CFOs and other senior-level finance executives, will host the 35th Annual Current Financial Reporting Issues (CFRI) Conference on November 14-15, 2016 at the New York Marriott Marquis. Focused on financial accounting and reporting issues, economic challenges, and regulatory reform, CFRI will bring together more than 600 senior finance professionals, top industry experts and representatives from the U.S. Securities and Exchange Commission (SEC) and Financial Accounting Standards Board (FASB).

Andrej Suskavcevic, CAE, President and CEO of FEI and Financial Executives Research Foundation (FERF) said, “CFRI is a unique and comprehensive two-day event, offering special access to the most dynamic thought leaders in financial management. Our agenda is designed to give senior-level finance leaders the tools they need to adapt to the changes happening in our industry. We look forward to greeting this year’s attendees and encourage them to leverage the event to gain the insight and perspectives they need as leaders in their organizations.”

“CFRI raises the bar year after year with its agenda and list of outstanding industry experts, and this conference continues to be the ‘can’t miss’ educational event for financial executives, and the only one created for preparers by preparers,” said Conference Chair Colleen Cunningham, Senior Vice President and Corporate Controller, Zoetis.

Attendees will hear from keynote speakers: Cathy Engelbert, CEO, Deloitte, LLP and Joel Naroff, Founder and President, Naroff Economic Advisors. In addition, influential speakers will provide updates on accounting and financial reporting developments, disclosure effectiveness, major standards for revenue recognition and leasing and SEC reporting matters affecting issuers and their organizations. Additional featured speakers include: SEC Interim Chief Accountant, Wesley Bricker; SEC Division of Corporation Finance Deputy Chief Accountants, Mark Kronforst and Nilima Shah; SEC Division of Enforcement Chief Accountant, Michael Maloney; FASB Chairman, Russell Golden; FASB Board Member, Marc Siegel; and FASB Technical Director and Chairman of the EITF, Susan Cosper.

Many panelists and moderators for CFRI are FEI members, hail from the preparer community and include: Loretta Cangialosi, Senior Vice President and Controller, Pfizer; Michael J. Cleary, Vice President, Accounting and Financial Reporting, The Boeing Company; David Cornish, Senior Vice President and Deputy Controller, American Express; Ron Kapusta, Vice President, Corporate Controller and Chief Accounting Officer, Johnson & Johnson; Thomas S. Timko, Vice President, Controller and CAO, General Motors Company; Karen Walker, Controller, Uber Technologies, and many more.

In keeping with tradition CFRI will offer robust general and breakfast sessions not limited to:

  •     The Fusion Revolution: Adapting and Leading in a Rapidly Changing World: In this keynote address, Cathy Engelbert, CEO Deloitte, will discuss opportunities facing the profession and what will be required for success as today’s complex business environment and cognitive technologies are changing while the investing public seeks greater data-driven insights and real-time financial reporting.
  •     The FASB and EITF Update: Join senior FASB staff as they give an update of Emerging Issues Task Force activities and discuss the current FASB standard-setting agenda including recently released standards and exposure drafts.
  •     Non-GAAP Measures and Metrics: Getting it Right: This panel will provide insights into the areas the SEC has commented on most frequently, and how companies are complying with the most recent guidance issued.
  •     Navigating the World of Shared Services: This session will explore the pros and cons of utilizing shared service centers, and provide answers to some of the most common questions including how shared service organizations are structured, set up costs, gaining efficiencies, and ensuring successful implementation.
  •     Update from the SEC Division of Corporation Finance and Division of Enforcement: During this session, updates on key developments at Corporation Finance, trends in comment letters and areas of focus within the Enforcement Division will be discussed.
  •     Audit Committee Roundtable: This closing session will cover issues such as; managing strategy and execution in order to communicate with managers beyond the numbers, sharpening financial disclosures, managing risks, understanding shareholder concerns and more.

Visit the CFRI website for complete agenda and registration details, and please join in twitter conversations at #CFRI16.

Conference attendees will also have an opportunity to connect with close to 50 exhibitors showcasing new products and services. This marketplace includes companies representing enterprise performance management systems, tax automation, human resources, investment and wealth management, accounting software, financial reporting, and other services to help attendees drive business forward.

As part of the conference, FEI will also host the 11th annual Hall of Fame induction ceremony. The ceremony will be held on the evening of November 13. During the gala, FEI will formally honor three distinguished financial executives who have exemplified performance, leadership and integrity throughout their careers. This year’s honorees include: James Clark, former Executive Vice President and Chief Financial Officer, Western & Southern Financial Group; Carol Anthony (John) Davidson, former Senior Vice President, Controller and Chief Accounting Officer, Tyco International, Ltd. and Arnold Hanish, former Vice President and Chief Accounting Officer, Eli Lilly and Company. Click here for tickets and additional information about the gala.

About FEI
Financial Executives International (FEI) is the leading advocate for the views of corporate financial management. Its more than 10,000 members hold policy-making positions as chief financial officers, treasurers and controllers at companies from every major industry. FEI enhances member professional development through peer networking, career management services, conferences, research and publications. Members participate in the activities of 74 chapters in the U.S. and a chapter in Japan. FEI is located in Morristown, NJ, and Washington, D.C. Visit http://www.financialexecutives.org for more information.

Media Contacts:
Dena Williams
Crimson Communicates
917.817.6533
dena(at)crimsoncommunicates(dot)com    

Lili DeVita
FEI
973.765.1021
ldevita(at)financialexecutives(dot)org

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Dena Williams
Crimson Communicates for FEI
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Lili DeVita
Financial Executives International
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