JOINT INVESTOR OUTREACH EVENT
Could profit or loss (P&L) become more useful?
What you need to know about the new IFRS 9
Evento organizzato per la prima volta in Italia dall’EFRAG con collaborazione dello IASB e dell’EFFAS e dell’AIAF ci permetterà di ascoltare alcuni esperti europei relativamente alle novità Contabili che cambieranno i bilanci IFRS e la valutazione delle società. Si tratta di fatto di un Seminario di Formazione Gratuita su questa materia con la partecipazione di Fred Nieto e Ann McGeachin dello IASB che illustreranno le principali novità.
14.00 - 14.10
Opening - Luca D'Onofrio, Member of the AIAF Board in charge of International Accounting Standards
14.10 - 14.20
The new EFRAG and its role : why users matter - Saskia Slomp, EFRAG Director Governance & Admin
14.20 - 14.30
IASB and user involvement - Fred Nieto, IASB Investor Education Manager
14.30 - 14.45
Introduction to the IASB ED Conceptual Framework - Anne McGeachin, IASB Technical Principal
14.45 - 17.10
Forum discussion "Could profit or loss be more useful?"
moderated by Angelo Casó, OIC Executive Board President and EFRAG Board Member
- IASB and EFRAG proposals
Anne McGeachin, IASB Technical Principal - Saskia Slomp, EFRAG Director Governance & Admin
- User perspectives
Dario Colombo, AIAF Financial Analyst - Pietro Gasparri, AIAF Board Member - Antonio Tognoli, AIAF Board Member - Javier de Frutos, EFFAS FAC Chairman
- Academic and Auditor perspectives
Stefano Zambon, Professor of International accounting with University of Ferrara, AIAF Financial Analyst and EFFAS Member - Andrea Toselli, EFRAG TEG Member and PWC Partner
- Discussions will focus on
Is P&L the starting point in your analysis? If not, what is?
Are there items included in the P&L that you eliminate? What are they?
Are there items that you need but that you do not find in the P&L statement?
Are there items shown in Other Comprehensive Income (OCI) that you include in your analysis? If you do not use OCI, why not?
Should bad news (adverse litigation, for example) be reflected in the P&L earlier than good news that is expected but still uncertain?
When assets are measured at fair value through P&L, how do you treat the gains and losses associated with the changes in value during the period?
What is the importance of stewardship in your work as an investor?
Educational session "What you need to know about the new IFRS 9"
- What is different from IAS 39?
Fred Nieto, IASB Investor Education Manager
- Main issues for Italy
Tommaso Fabi, OIC Technical Director
- When can IFRS 9 be applied in the European Union?
Saskia Slomp, EFRAG Director Governance & Admin
- What is striking in IFRS 9 from an academic perspective?
Andrea Bellucci, Professor of Accounting, University of Perugia
- How are banks preparing and communicating with their investors?
Chiara Del Prete, UniCredit Group Head of Accounting Principles and Disclosures
- What do financial analysts find important in the implementation of IFRS 9?
Luca D'Onofrio, AIAF Board Member, EFFAS FAC Member, Bip.