Registration
Mutual Fund Financial Oversight: What Every Director Needs to Know
September 21, 2010, Washington, DC
Overview
The basic accounting course is designed to offer practical guidance to help directors understand the nature of their accounting oversight responsibilities, and covers:
Governance and Enterprise Risk Management
The challenging market conditions of the previous two years illustrate how the role of mutual fund directors is continually evolving. Representatives from PricewaterhouseCoopers will discuss these current developments and their potential effects on audit committees, and will present practical suggestions for fund directors to effectively administer their responsibilities in overseeing financial reporting, enterprise risk management, internal controls, and compliance.
Third Party Service Providers and Directors’ Guide to Internal Controls
Mutual fund audit committees have a unique role in the oversight of service providers. Representatives from Deloitte & Touche will discuss how audit committee members can effectively oversee internal control requirements, providing an overview of key risks, questions directors should ask, and reports that reinforce the internal control environment.
United States Federal Tax Compliance Considerations
Mutual fund directors should have a basic understanding of federal tax issues that affect mutual funds. Representatives from KPMG will discuss key tax aspects of mutual fund operations and provide guidance to help directors effectively evaluate a fund’s tax decisions, and explain tax implications of recent market events.
Directors’ Guide to Financial Reporting and the Annual Audit
Understanding the preparation and structure of financial statements is a critical element of an audit committee’s oversight responsibilities. Representatives from Ernst & Young will discuss techniques for reviewing the key risks and SEC concerns relevant to fund financial statements, provide an overview on what to expect during the annual audit, and share information that will help fund boards and audit committees oversee the process more effectively.
Featured Speaker: In a lunchtime address, Gene Gohlke, Associate Director for Investment Company and Adviser Compliance in the SEC's Office of Compliance Inspections and Examinations, will update conference attendees on new developments in investment company compliance exams, and changes to the SEC's inspection regime.
The program's content has been developed in conjunction with the Big Four Accounting firms. The Forum would like to thank the program faculty from:
Deloitte & Touche LLP
Ernst & Young LLP
KPMG LLP
PricewaterhouseCoopers LLP
2010 Brochure
/images/uploads/events_files/2010_Acct_Brochure_3.pdf (pdf, 238KB)
Agenda
/images/uploads/events_files/DC.pdf (pdf, 97KB)
Speakers
Gene Gohlke
Associate Director
Securities & Exchange Commission
Gene A. Gohlke is Associate Director for Investment Company and Adviser Compliance in the Securities and Exchange Commission's Office of Compliance Inspections and Examinations. In this position, he is responsible for managing the Commission's program for the examination of registered investment companies and investment advisers. From June to November 1989, Mr. Gohlke was Acting Director of the Division of Investment Management. Prior to becoming Associate Director in 1986, Mr. Gohlke held a variety of financial and accounting positions in the Division of Investment Management. Mr. Gohlke has been a member of the Commission's staff since 1975. Prior to joining the Commission's staff, Mr. Gohlke was on the staff of a management consulting firm, worked as an adviser for the U.S. Agency for International Development on improving financial management systems for government-owned companies, and was an Assistant Professor of Accounting at the University of Wisconsin. Mr. Gohlke has Ph.D and MBA degrees in Business Administration from the University of Wisconsin. He is a Certified Public Accountant and a member of the American Institute of Certif ied Public Accountants and the Wisconsin Institute of Certified Public Accountants.
Agenda
To print a pdf version of this agenda, please click here.
| 9:30 to 9:45 | Program Welcome |
| 9:45 to 11:00 | Directors' Guide to Financial Reporting and the Annual Audit |
| Presented by Ernst & Young LLP | |
| 11:00 to 11:15 | Break |
| 11:15 to 12:30 | United States Federal Tax Compliance Considerations |
| Presented by KPMG LLP | |
| 12:30 to 1:30 | Luncheon Address |
| Gene Gohlke, SEC Associate Director for Investment Company and Adviser Compliance | |
| 1:30 to 2:45 | Third Party Service Providers & Directors' Guide to Internal Controls |
| Presented by Deloitte & Touche LLP | |
| 2:45 to 3:00 | Break |
| 3:00 to 4:15 | Governance and Enterprise Risk Management |
| Presented by PricewaterhouseCoopers LLP | |
| 4:15 to 4:30 | Program Wrap-Up |
Program Info
Date & Time
September 21, 2010
9:30 am to 4:00 pm (EDT)
Location
The offices of KPMG LLP (map)
2001 M Street NW
Washington, DC 20036
Registration Information
This event is open to all financial services industry personnel. If you would like to attend, click on the "Register" button on this page, or download a copy of the registration form by clicking the "Printable Registration Form" link to the left. Registration forms with payment can be mailed to the Forum offices at:
1501 M Street NW, Suite 1150
Washington, DC 20005
If you would like to register over the phone, please contact the Forum at 202.507.4495.
Conference Fees & Cancellation Policy
Forum Members Free (login required)
Non-Members $700
From the time of registration until September 17, 2010 there will be a $50 cancellation fee; after that date we are unable to offer a refund.
Conference Attire
Business attire is requested for this event.
Media
This event is closed to the media.
Content
Individual session content may be modified to adapt to the changing business climate; however, the program's focus on fundamental concepts and issues identified in the program overview will be retained.
Questions
If you have questions about this event, please contact the Forum via phone at 202.507.4488, or via email.