Instructional Delivery Method:
Group-Live

Learning Objectives:
At this seminar, participants will receive in-depth technical training on significant IFRS accounting treatments applicable to the industry, learn about recent IFRS regulatory developments, and interact with industry peers and discuss lessons learned. Tailored breakout sessions will be offered on specific topics according to broad industry sub-sector (i.e., Upstream, Midstream, and Downstream). Topics of the day will include:

General Topics:
• Derivatives and Financial Instruments
• Income Taxes
• Regulatory Update
• State of the Industry

Breakout Session Topics:
• Asset Retirement Obligations (1)
• Impairments (1) 
• Joint Ventures (1)
• PP&E (1)
• Revenue Recognition (1) 
• Inventory (2)
• Rate Regulated Activities (3)
• Successful Efforts vs. Full Cost (4)
• Business Combinations (5) 

(1) Tailored breakouts for all three sub-sectors
(2) Upstream & downstream sectors only
(3) Midstream sector only
(4) Upstream sector only
(5) Downstream sector only

Prerequisite Education/Experience:
N/A

Keynote Speaker:
Glenn Brady, International Accounting Standards Board

Glenn Brady joined the International Accounting Standards Board as a project manager in June 2009.  Glenn was previously a senior project manager at the Australian Accounting Standards Board and, in that capacity, he has been leading the project team that has been undertaking the extractive activities research project for the IASB.  The project team includes representatives from accounting standard setters in Australia, Canada, Norway and South Africa.  Glenn was closely involved in the AASB’s preparations for the adoption of IFRS in 2005, including the adoption of IFRS 6 Exploration for and Evaluation of Mineral Resources.

Continuing Education Credit:
We will provide up to 15.5 hrs of CPE credit, subject to approval process in progress.

Complaint Resolution Information:
Deloitte & Touche USA LLP, Deloitte & Touche LLP, Deloitte Financial Advisory Services LLP and Deloitte Tax LLP are 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 credits.

NASBA National Registry of CPE Sponsors - Sponsors License Number 107752
State of New York - Sponsor License Number 000889
State of Texas - Sponsor License Number 000156

In accordance with the standards of the National Registry of CPE Sponsors, CPE credits [will be] granted based on a 50-minute hour.

Complaints regarding registered sponsors may be addressed to:

National Registry of CPE Sponsors
150 Fourth Avenue North, Suite 700
Nashville, TN 37219-2417
www.nasba.org

NASBA National Registry of CPE Sponsors - Sponsor License Number 107752

Contact Debbie McCormack  to register complaints related to the timeliness/accuracy of CPE credit reporting, program delivery, or program content.

Course Evaluations:
Evaluations will be distributed at the end of the event.

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