This presentation will cover the following topics:
• The merger between IASB and FASB
• Why we need one accounting standard in the world
• The eight projects that IASB and FASB are trying to converge by June 2011
• The number of countries that are now using IASB
• The new board structure for both boards
• A discussion about why we need the Blue Ribbon report for private accounting standards in our country
• The history on the Blue Ribbon Task Force
|Slide Handout||8 Pages||Available after Purchase|
Wynne E. Baker, CPA, CFSA, CBA, CFF, who will be responsible for identifying the most critical topics for the Banking Financial and Compliance Update Series, will also lead the effort to present the most authoritative experts in the various fields that the Series will address. Wynne is also the member in charge of KraftCPAs' Banking Industry Team, in Nashville, Tennessee. In addition to audit and accounting services, the group provides compliance and loan reviews, litigation support, stock valuations, analysis of mergers/acquisitions, outsourced internal audit, and a myriad of other services designed to meet the special needs of financial institutions. He graduated from Tennessee Technological University. As well as being a CPA, Wynne earned the chartered bank auditor certificate (CBA) awarded by the Bank Administration Institute, is a "preferred examiner" under the American Bankers Association Preferred Audit Program, is a certified financial services auditor (CFSA), and is certified in financial forensics (CFF) awarded by the AICPA. Wynne has done training for the FDIC and OCC and has spoken at several Tennessee Banker Association Conferences. In 1989 he was presented Tennessee Society of CPAs' "Public Service Award". He was presented the "Outstanding Speaker Award" by the Florida Institute of CPAs in four consecutive years and has received the same award from the Tennessee Society of CPAs for several years. In 1999 he was presented the Louis B. Johnson "Outstanding Business Alumnus Award" by Tennessee Technological University College of Business. In 2000 he was awarded the "Distinguished Service Award" from the Tennessee Society of CPAs. He is the author of the AICPA's premier bank course, Introduction to Bank Accounting and Auditing, and was co?editor of the Handbook of Financial Management for Banks published by McGraw Hill. Wynne has assisted clients in buying failed banks from the FDIC and has consulted others who started new banks. He has also served as an expert witness in court cases related to bank failures and frauds. With 37 years of experience serving financial institutions, Wynne has a national reputation as an authority in this area. He has conducted seminars across the nation and has published articles on financial institution issues.
Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org
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