April 11, 2008
Organizer: The Directors Roundtable
The FASB, SEC, foreign jurisdictions, and other organizations have developed new accounting standards and electronic reporting techniques to enhance the value of financial disclosure. The issues include fair value accounting, international accounting, and the XBRL. At this time, fair value accounting for financial instruments is the most important disclosure issue for global capital markets, as illustrated by the financial market issues surrounding subprime. Stock prices, write-offs, financial institution strength, and litigation are all affected. This distinguished panel will discuss the historic issues raised by the new accounting.