Financial Executives International Hosts 32nd Annual Current Financial Reporting Issues (CFRI) Conference

MORRISTOWN, N.J., Sept. 17, 2013 /PRNewswire/ -- Financial Executives International (FEI), the association of choice for CFOs and other senior-level finance executives, will host the 32^nd annual Current Financial Reporting Issues (CFRI) Conference on November 18-19 at the Marriott Marquis Hotel in New York City. This two-day event will draw together more than  700 senior finance professionals, thought leaders and regulators to share in both formal and informal discussions on the most topical issues facing financial executives today and provide insightful perspectives on future developments in the industry.

"At FEI, we continually strive to promote exchange regarding the most prominent issues affecting the leaders within the financial community," said Marie Hollein, CEO and President, Financial Executives International. "For over three decades, our annual CFRI conference has successfully brought together accounting executives, economic experts and policy setters for interaction and networking. As such, we look forward to the thought-provoking dialogue fostered by this year's speakers and panelists, and the unique insights they will share with our attendees."

This year's conference will include timely updates from influential regulators. The Financial Accounting Standards Board (FASB) and the International Accounting Standard Board (IASB) will lead a session addressing developments on FASB and IASB projects, including progress on U.S. GAAP and International Financial Reporting Standards (IFRS) convergence issues. Public Company Accounting Oversight Board (PCAOB) and the U.S. Securities and Exchange Commission (SEC) will address current initiatives and their impact on companies, auditors and audit committees, as well as proposed new rules, issues arising in reviews of SEC registrant filings and top projects on accounting and disclosure. Attendees will also have an opportunity to informally address unanswered questions to the four groups during an interactive Q&A session.

The event will also feature keynote remarks from two distinguished professionals from the field of business and economic journalism: Rana Foroohar, Assistant Managing Editor at TIME magazine and Paul Albergo, Director of News Coverage at Bloomberg BNA.

Additional thought leaders from renowned financial and accounting firms will also be on hand at the event to serve as panelists and moderators, including Kenneth Kelly, Senior Vice President and Controller of McCormick & Company, Inc., J.D. Piro, Vice President of National Practice Leader – H&B Legal at AON Hewitt, Jonathan Traub, Managing Principal of Tax Policy Group and Washington National Tax at Deloitte Tax LLP and Neri Bukspan, Partner at Ernst & Young.

Conference attendees can also take part in panel sessions throughout the conference to address topics such as the new accounting standard on leases, the 2013 Revised COSO Framework, and best practices in training, development and onboarding.

Other highlights from the CFRI 2013 schedule include: 

• Revenue Recognition: In this session, the newly issued FASB-IASB standard for revenue recognition will be examined. It will cover how the standard will change revenue recognition practices as well as key interpretive and implementation issues.
• Controllers Panel: Companies are faced with competing controllership priorities as they work at improving individual, functional and corporate performance. Controllers from several leading companies will highlight and debate key controllership issues they are addressing in the current environment.

On the evening of November 18, FEI will also host its eighth annual Hall of Fame induction ceremony at Gotham Hall in New York City. The black-tie gala recognizes distinguished financial executives who have exemplified performance, leadership and integrity throughout their careers. Inducted into the 2013 Hall of Fame will be Earnest J. Edwards, Retired Senior Vice President and Controller of Alcoa, William U. Parfet, Chairman, CEO and President of MPI Research and Frederic V. Salerno, Retired Vice Chairman and CFO of Verizon Communications Inc. Registration details and additional information on the gala can be found at www.feihall.org.

For more information on the CFRI conference, visit www.financialexecutives.org/cfri.

About FEI 
Financial Executives International is the leading advocate for the views of corporate financial management. Its 15,000 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, teleconferences and publications. Members participate in the activities of 86 chapters, 74 in the U.S., 11 in Canada and 1 in Japan. FEI is headquartered in Morristown, NJ, with additional offices in Washington, D.C. and Toronto.  Visit www.financialexecutives.org for more information.

SOURCE Financial Executives International