DAY ONE AGENDA
Welcome & Opening Remarks
8:45 – 9:00 AM
Meeting Today's Global Challenges
9:00 – 10:00 AM
Get an overview of the changing global economic landscape, including US trade relations, and the
impact of Brexit on international companies and trade negotiations.
Break
10:00 – 10:10 AM
International Cash & Treasury Management, including Hedging Foreign Currency Risk
10:10 – 11:25 AM
This session will focus on some of the latest techniques and strategies deployed by multinational
companies when managing international cash (including mobilizing global cash), as well as treasury
operations. It will also bring participants up-to-date on the latest technology available when dealing
with multinational assets, and specifically address methods of maximizing returns in today's
global market.
Break
11:25 – 11:35 AM
Global Contracting in the New Post-COVID World
11:35 AM – 12:35 PM
This session will focus on hot-button issues and best practices for creating and managing the
contracting process on a global scale. It will also highlight the inherent risks involved in international
contracting and the necessary controls required.
Lunch
12:35 – 1:20 PM
Update on International Taxation
1:20 – 2:20 PM
This session will provide accountants and tax professionals with an in-depth examination of
legislation changes in international taxation that impact cross-border tax planning, including:
• Taxation of foreign-source income
• Deduction of foreign-source dividends received
• Treatment of sales or transfers of stock in foreign corporations
• Expansion of Subpart F: new FDII ownership rules
• Global Intangible Low-Tax Income (GILTI)
• Foreign Derived Intangible Income deduction
• Code §962 election and subsequent distributions
• Changes in tax laws of various foreign jurisdictions with an emphasis on Europe after BEPS
and ATAD II
• European attacks on state aid
• DAC 6 and ATAD II adopted by European Commission
• The Danish cases in the European Court of Justice
Break
2:20 – 2:25 PM
The Latest Developments in Transfer Pricing
2:25 – 3:25 PM
Following BEPS and the Tax Cuts & Jobs Act, dramatic changes to worldwide transfer-pricing legislation
and Customs rules have made old plans obsolete. This insightful session will explore:
• Country-by-Country reporting and documentation
• Value creation
• New OECD intangible asset definition in action
• New services pricing guidance
• Strategies for managing US and “Rest-of-OECD” transfer pricing policies
• The groundwork for updated financial transactions rules
• Customs informed Compliance and Reasonable Care
• Entry requirements and procedures
• Rulings and legal opinions
• Classification and valuation
• First Sale Rule
• Countervailing and antidumping duties
• Duty reduction programs (NAFTA, other free trade area agreements)
• Trump tariffs and Section 301 against China
• Duty elimination programs
Break
3:25 – 3:30 PM
Ethics, FCPA, Fraud & Disclosure Process in an International Environment
3:30 – 4:45 PM
This session will discuss key challenges faced by multinational companies when dealing with Ethics,
FCPA, Fraud & the Disclosure Process in an international environment. Specifically, the focus will
be on:
• International risk compliance
• FCPA hidden traps
• Foreign government anti-corruptions measures
• Effective compliance programs
• Ethics training for employees, field inspections, and more
DAY TWO AGENDA
Welcome & Opening Remarks
8:30 – 8:35 AM
Current Challenges in Establishing Shared Services Centers
8:35 – 9:35 AM
"Beyond Shared Services" —a term commonly used within the international arena—refers to work by individuals residing in different countries, working together as contractors to provide shared services. We will discuss the issues and benefits regarding global services in relation to remote work and "working around the clock." Find out how shared services can benefit your organization in a tight US market, and help locate specialized talent at a reasonable cost.
Break
9:35 – 9:45 AM
Cybersecurity: Effectively Dealing with Today's New International Risks & Threats
9:45 – 11:15 AM
Organizations' risk exposure is constantly changing due to changes in business, technology, regulatory requirements, and the cyber threat landscape. Risk exposure is heightened for companies that operate globally. This session will focus on understanding risks for their highest criticality assets, establishing an effective and sustainable risk and control assessment program, adhering to applicable regulations, and establishing the foundation to drive a risk-aware culture.
Break
11:15 – 11:25 AM
Outsourcing Accounting & Finance Operations
11:25 AM – 12:25 PM
Lunch
12:25 – 1:10 PM
Multinational Accounting Systems Complexities
1:10 – 2:10 PM
Financial accounting becomes increasingly complicated when multinational companies are tasked with preparing financial statements under US GAAP and IFRS. Additional issues arise when audited financial statements must satisfy local country requirements. In this session, we will discuss:
• Requirements for maintaining multiple ledgers (Statutory, IFRS and US GAAP)
• Technology for recording and maintaining adjustments
• Additional internal controls necessary in a multinational reporting environment
• Best practices for using ERP and consolidation systems to record foreign currency and translation
adjustments
Break
2:10 – 2:20 PM
Financial Leadership Roundtable Discussion
2:20 – 3:20 PM
A panel of CFOs from multinational corporations will discuss how they deal with the challenges of:
• Hiring international talent
• Keeping current with new accounting and tax regulations
• Dealing with cultural differences (especially in mergers and acquisitions)
• Creating uniform processes and systems in international business
• Legal issues arising from international commerce
Break
3:20 – 3:30 PM
Recent Developments at the FASB & IASB
3:30 – 5:00 PM
• Current active agendas
• Recently completed projects and related implementation issues
• Recently issued Exposure Drafts and other formal projects
• Accounting updates with upcoming effective dates
Conference Ends
5:00 PM
