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Conference on "IFRS: Recent Changes, Sustained Benefits", 30 June 2011, Warsaw

How Businesses and Investors Can Shape the Financial Reporting of the Future and Gain from It

The World Bank Centre for Financial Reporting Reform (CFRR) organized a conference on International Financial Reporting Standards, "IFRS: Recent Changes, Sustained Benefits" on 30 June 2011. The conference was part of the Swiss-Polish Financial Reporting Technical Assistance Program (FRTAP) and was presented with the support of the Ministry of Finance of Poland.

The conference provided a European perspective on how businesses and investors can shape the financial reporting of the future to provide high-quality financial information that meets the needs of investors and improves the ability of businesses to raise capital. Participants heard distinguished speakers from Poland, including Wiesław Szczuka, Undersecretary of State in the Ministry of Finance, as well as international IFRS experts including Paul Cherry, Chair of the IFRS Advisory Council, and Philippe Danjou, Member of the IASB.

The invited audience included financial executives, financial analysts, investors, audit practitioners, standards-setters and regulators from Poland and other Central European countries.

IFRS Conference in Warsaw June 2011IFRS Conference in Warsaw June 2011

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Conference program


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Videos

Welcoming Addresses

Video: Welcoming Addresses Wiesław Szczuka, Undersecretary of State, Ministry of Finance of Poland
Henri Fortin, Head, The World Bank Centre for Financial Reporting Reform

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Making the Voice of Businesses and Investors Count

Video: Making the Voice of Businesses and Investors CountJohn Carchrae, The World Bank Centre for Financial Reporting Reform
Paul Cherry, Chair, IFRS Advisory Council
Philippe Danjou, Board Member, International Accounting Standards Board (IASB)

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Challenges in Implementation and European Experiences
in Overcoming Them

Challenges in Implementation and European Experiences in Overcoming ThemDennis Jullens, European Head, Valuation & Accounting Research, UBS Investment Bank, The Netherlands
Michał Skiba, Deputy Director, Accounting Department, Polska Grupa Energetyczna
Stacy Ligas, Audit Partner, Financial Institutions, KPMG Poland

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Strong Processes For Good Standards
A European Perspective

Strong Processes For Good Standards – A European PerspectiveAlain Deckers, Deputy Head of Unit, Financial Reporting, DG Internal Market and Services, European Commission
Françoise Flores, Chair, European Financial Reporting Advisory Group (EFRAG)
Anna Sirocka, Member, Polish Accounting Standards Committee (KSR)

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Principles-based Financial Reporting Standards:
Myths and Reality

Principles-based Financial Reporting Standards: Myths and Reality Prof. Radosław Ignatowski, Associate Professor and Head, International Accounting, Department of Accounting, Faculty of Management, University of Lodz
Michael Wells, Director of Education, IFRS Foundation
David Cairns, International Financial Reporting Expert
Tomasz Konieczny, Partner, Head of Accounting Services and Capital Markets Group, PricewaterhouseCoopers Poland

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Closing Remarks

Closing Remarks Stanisław Kluza, Chairman, Polish Financial Supervision Authority

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FRTAP Poland activities






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