What’s New in Financial Reporting 2022 | CFA Society New York | 28 February 2022 | Virtual

This bootcamp-style program arranged by the Financial Reporting and Analysis interest group provides a concise update on several important financial reporting developments. Through an innovative series of presentations, attendees can expect to be quickly brought up to speed on these new standards, which affect just released 2021 and future financial statements.

Also hear perspectives on coming financial reporting pronouncements, including changes in lease reporting and other topics. With presentations by FASB board members, SEC staff and other leading financial reporting professionals, this program offers an opportunity for financial statement users to better understand and discuss new developments in financial reporting and forward looking of the FASB future initiatives.

Learning Outcomes:
• Discuss and understand new accounting standards effective in 2022:
• Hear a variety of perspectives on financial reporting developments such as:
• Business Combinations – contract liabilities.
• Leases – variable lease payments.
• Convertible debt.
• Government assistance.

FASB investor related projects:
• Goodwill amortization.
• Segment reporting.
• Portfolio layer method.
• TDR accounting.

Agenda consultation:
• ESG related topics.
• Crypto currency.
• Financial statement framework.

2022 Speakers

MODERATOR:

PJ Patel
Senior Managing Director, Valuation Research Corporation

PANELISTS:

Gary Buesser
Board Member, Financial Accounting Standards Board (FASB)

Fredrick Cannon
Board Member, Financial Accounting Standards Board (FASB)

Scott Taub
Managing Director, Financial Reporting Advisors, LLC

Jonathan Wiggins
Senior Associate Chief Accountant, Office of the Chief Accountant U.S. Securities and Exchange Commission

Chenyao Jane Soong
Executive Director of Finance and Corporate Controller, SCYNEXIS, Inc.

SPEAKER:

Arthur Fliegelman
Chair, Financial Reporting & Analysis Group