Begoña GINER (University of Valencia)
Bill REES (University of Amsterdam)
Peter WALTON (ESSEC Business School)
The EU Regulation on International Accounting Standards will require European listed companies (other than those which currently use US GAAP) to prepare their financial statements according to International Financial Reporting Standards (IFRS) from the year 2005.
The consequences of this evolution will undoubtedly go far beyond a simple change of accounting rules by the companies concerned. The use of IFRS will change the role of national accounting standard setters, change the nature of national rules and impact the way in which the accounting profession operates, as well as inevitably changing the way accounting is taught and the way in which financial statement analysis is done. The impetus towards creating a single financial market is also likely to impact upon the way in which markets are regulated and in which the financial statements of listed companies will be scrutinized by regulators.
The changes will start to be felt almost immediately. A listed company will have to provide at least one year of comparatives and will therefore be putting systems in place no later than 2003 so that 2004 information will ultimately be available in IFRS form.
TARGET AUDIENCE :
Participants would be researchers who are interested in international accounting in general, the regulation of financial accounting, the process of change in regulation, the internationalisation of accounting, audit and the accounting profession.
Hans-Georg BRUNS : member of the IASB, liaison person for the German Accounting Standards Board and former chief accounting officer of Daimler Chrysler, on the impact of IFRS on European companies.
Paul RUTTEMAN : is secretary general of the European Financial Advisory Group. Mr. Rutteman is a former technical partner with Ernst & Young in the U.K. He often represented the UK in European Committees addressing accounting matters and was a member of the Group d'Etudes which drafted the Seventh Directive.
The scientific committee will include Sally Aisbitt (Open University), Anne Cazavan-Jeny and Wolfgang Dick (ESSEC Business School)
EUROPEAN ACCOUNTING REVIEW
Researchers should note that Begoña Giner and Bill Rees are guest editors of a special section of the European Accounting Review in this area. Papers may be submitted for consideration for publication in parallel to submission for the workshop. The two selection procedures are, however, quite separate, and acceptance for the one does not imply automatic acceptance for the other. The criteria for acceptance will be somewhat different, especially as the workshop format allows of the possibility of presentation of papers that are still in an evolutionary phase.
Please click here to download the preliminary programme.
The Workshop will address all and any aspects of the fundamental change which European financial reporting will be undergoing. Specifically, papers would be welcome on the following topics:
the role of the EU in the formulation of IFRS
the transfer of IFRS into European regulations
the impact of IFRS on the regulatory machinery in individual countries
the impact of IFRS on the accounting rules in individual countries
the problems faced by companies in implementing IFRS
the impact of IFRS on financial analysis
the impact of IFRS on market regulators and compliance
the probable impact of the two tier approach to the accounting profession
(The deadline to submit is over)
The workshop will take place in the new premises of EIASM (Place De Brouckère-plein 31, 1000 Brussels). These are located in the second floor of the Hotel Metropole .
The Hotel Metropole is marvelously well located right in the historical centre of Brussels, just a few steps away from the “Grand-Place”, the “Bourse” and the “Theatre de la Monnaie” and close to the central and north railway stations, that each have direct connections to Brussels International airport.
For joining instructions, please have a look on :
http://www.eiasm.be/contactus/howtoreach/index.html ACCOMMODATION :
or on :
In case you need a hotel reservation, here are 3 hotels suggested. At the exception of the Métropole Hotel, you are requested to contact the hotel directly to make your booking.
* Hotel Métropole
Place de Brouckère 31 - 1000 Brussels
Special rate : +/- 150 EUR
Please contact us to make the booking. (firstname.lastname@example.org)
Arrival date & time - Departure date - credit card details (number + expiration date) are needed to ensure your booking.
* Citadines Apart'hotel
51 quai au Bois à Brûler - 1000 Brussels
Tel 32 2 221 14 11 - Fax 32 2 2211599 - email@example.com
Special rates for a studio (for 1-2 pers) : 87 EUR breakfast excluded.
Please mention "EIASM " when making your reservation.
* Hotel Ibis (Ste Catherine)Fees will be posted shortly
Rue Joseph Plateau 2 - 1000 Brussels
Tel 32 2 5137620 - Fax 32 2 5142214 - www.ibishotel.com
RESOTEL can also help you to find a room at a competitive price : firstname.lastname@example.org
Here is the search system of the company RESOTEL : http://www.belgium-hospitality.com/
Payments should be made by :
- The following credit cards: Visa or Eurocard/Mastercard/Access
Ms. Graziella Michelante - EIASM Conference Manager
PLACE DE BROUCKÈRE-PLEIN - 31 - 1000 BRUSSELS - BELGIUM
Tel: +32 2 226 66 62 - Fax: +32 2 512 19 29