Wednesday 15 October 2014

Agenda item 1. Election of officers
Agenda item 2. Adoption of the agenda and organization of work

David Szafran (Belgium), Chair, Thirtieth session of ISAR

Opening remarks: Petko Draganov, Deputy Secretary-General, UNCTAD

Election of Chair and Vice-Chair-cum Rapporteur
Ewald Müller, Director, Financial Analysis, Qatar Financial Centre Regulatory Authority (QFCRA) (Chair nominee)
Lilian Rocca, Head, Securities and Exchange Commission, Peru(Vice-Chair nominee)

Agenda item 3. Key foundations for high-quality reporting: Good practices of monitoring and enforcement, and compliance

Introduction: Tatiana Krylova, Head, Enterprise Branch, Division on Investment and Enterprise, UNCTAD

Keynote Address: Gonzalo Ramos, Secretary-General, Public Interest Oversight Board(PIOB)

High-level segments on compliance and enforcement mechanisms for corporate reporting regulations

This high-level segment of regulators and standard-setters will address the following issues from a global perspective:

  • The importance of compliance monitoring and enforcement for achieving high-quality financial and non-financial corporate reporting
  • Current initiatives underway aimed at improving compliance monitoring and enforcement
  • Facilitating cooperation and exchange of experiences on a global basis

David Wright, Secretary General, International Organization of Securities
Commissions (IOSCO)
Richard Thorpe, Head of Accounting and Auditing Issues and Policy, Financial Stability Board(FSB)
Gert Luiting, Advisor, International Forum of Independent Audit Regulators(IFIAR)
Markus Grund, Chair, International Association of Insurance Supervisors(IAIS) Accounting and Auditing Working group (AAWG)
Michel Prada, Chair, International Financial Reporting Standards Foundation(IFRS)
Mike Hathorn, Board Member, International Federation of Accountants (IFAC)
Teresa Fogelberg, Deputy Chief Executive, Global Reporting Initiative(GRI)
Paul Druckman, Chief Executive, International Integrated Reporting Council(IIRC)

Plenary discussions
Lunch break

High-level segments on compliance and enforcement mechanisms for corporate reporting regulations (continued)

During this segment senior representatives of national regulatory and enforcement authorities for financial and non-financial reporting standards and codes will share their views on:

  • Implementing effective compliance monitoring and enforcement mechanisms
  • Good practices in providing funding for enforcement institutions
  • Maintaining consistency in high-quality control over firms in a network and among networks of firms
  • Synergies between prudential oversight and other sectors
  • Trends in compliance and enforcement actions
  • Cross-border cooperation

Leonardo Pereira, Chair, Securities Commission of Brazil (CVM)
Sergej Simoniti, Director, Slovenia Insurance Supervision Agency (AZN)
Bernard Agulhas, CEO, Independent Regulatory Board for Auditors South Africa(IRBA)
Victor Kjaer, Deputy Director General, Business Conditions and Regulation Department, Danish Business Authority(DBA)
Ewald Müller, Director, Financial Analysis, Qatar Financial Centre Regulatory Authority(QFCRA)
Jim Obazee, Chief Executive,Financial Reporting Council Nigeria(FRC)
Henri Fortin, Head, Centre for Financial Reform, World Bank
David Barnes, Managing Partner, Public Policy, Deloitte-UK

Plenary discussions

Thursday 16 October 2014

Agenda item 3. Key foundations for high-quality reporting: Good practices of monitoring and enforcement, and compliance (continued)

This panel discussion will feature representatives of professional accountancy organizations from different regions of the world and will address:

  • The role of the profession in enforcement and monitoring of compliance of corporate reporting requirements
  • Lessons learned in meeting the Statements of Member Body Obligations of the International Federation of Accountants – with emphasis on compliance with professional codes of ethics and conduct

Deborah Williams, International Federation of Accountants (IFAC)
Sha Ali Khan, Director, Practice Monitoring, Association of Chartered Certified Accountants (ACCA)
Laura Buijs, Manager, Corporate Reporting, European Federation of Accountants (FEE)
Idesio Coelho, Member, Federal Council of Accounting (CFC), Brazil
Shyal Lal Agrawal, Council Member, Institute of Chartered Accountants of India (ICAI)
Elie Abboud, President, the Lebanese Association of Certified Public Accountants (LACPA)
Alan Edwards, Strategy and Development Director, The Chartered Institute of Public Finance and Accountancy (CIPFA)

Plenary discussions
Lunch break

Agenda item 3. Key foundations for high-quality reporting: Good practices of monitoring and enforcement, and compliance (continued)

This segment will feature discussants who will present country case studies on compliance monitoring and enforcement, including:

  • Regulatory and institutional settings of monitoring and enforcement mechanisms
  • Synergies/coordination among compliance monitoring and enforcement
    authorities
  • Achieving consistency in implementation and enforcement of global standards and codes

Michel Magnan, Professor, Concordia University, Canada (video link)
Ann Tarca, Professor of Accounting, University of Western Australia
David Szafran, Chair, Thirtieth session of ISAR, Belgium
Brigitte Eierle, Professor, International Accounting, University of Bamberg, Germany
Nigel Sleigh-Johnson, Head of Financial Reporting Faculty, Institute of Chartered Accountants in England and Wales (ICAEW)
Hugo A. Macías Cardona, Associate Professor, University of Medellin, Colombia
Lilian Rocca, Head, Securities and Exchange Commission, Peru
Yoseph Asmelash, Economic Affairs Officer, Enterprise Branch, Division of Investment and Enterprise, UNCTAD

Plenary discussion

Friday 17 October 2014

Consideration of outcome: agenda item 3
Agenda item 4. Other business
4 (a) Follow-up on the Accounting Development Tool (ADT), including presentations by countries who applied the ADT in 2014 in the area of financial and non-financial reporting and consideration of recent developments on components of the ADT – such as IPSASs

Introductory Remarks: UNCTAD Secretariat

Emmanuel Pieters, Director General, SPF Economie, Belgium
André Foko Tomena, Secrétaire Général, Conseil Permanent de la Comptabilité au Congo (C.P.C.C.)
Drissa Koné, Secrétaire Général du Conseil National de l’Ordre des Experts Comptables et Comptables Agréés de Côte d’Ivoire; Représentant de la Côte d’Ivoire au sein du Conseil Comptable Ouest Africain
Magdalena Vicuña, Under-Secretary of Governmental Accounting, Ecuador
Shapiga Nassyrova, Head of Subdepartment of Methodology of Accounting and Audit of Real Sector, Ministry of Finance of the Republic Kazakhstan
Tetiana Iefymenko, President, Academy of Financial Management, Ministry of Finance, Ukraine
Zein El Abdin Ahmed, Chair, Sudanese Professional Accountants Society
Van Tan Hoang Vo, General Director, Saigon Commercial Bank, Vietnam
Stephenie Fox, Technical Director, International Public Sector Accounting Standards Board (IPSASB), International Federation of Accountants (IFAC)

Plenary discussions
Lunch break

Agenda item 4 (b). Other business: Updates by other international and regional organizations

Michael Stewart, Director of Implementation Activities, International Accounting Standards Board (IASB)
Paul Thompson, Director, Global Accountancy Profession Support, International Federation of Accountants (IFAC)
Teresa Fogelberg, Deputy Chief Executive, Global Reporting Initiative (GRI)
Laura Buijs, Manager, Corporate Reporting, European Federation of Accountants(FEE)

Plenary discussions

Consideration of outcome: agenda item 4 (a)
Agenda item 5. Provisional agenda for the thirty-second session
Agenda item 6. Adoption of the report

Closing remarks: Petko Draganov, Deputy Secretary-General, UNCTAD