On-Demand Learning

Accounting

Last Year

Transcripts

Recorded on: Dec. 19, 2012

SETH PERLMAN: OK with that, I now have the very unique pleasure of taking a step back, and doing a little review of nonprofit governance basics. And the unique pleasure is that I get to introduce Professor Dana Brakman Reiser, a Professor of Law at Brooklyn Law School, where, for over 10 years, she's taught courses on non-profit law, social enterprise, corporations, property, trust and estates. Her recent scholarship, in other words, some of her ...

Recorded on: Dec. 19, 2012

SETH PERLMAN: Thoroughly rested? Ready for the last third of our session? Yes. Oh, wait. I guess we're not starting yet. We're missing our speaker. Are you starting? JEAN L. TOM: David is first. SETH PERLMAN: David is first? Just give us a little minute or two. I'm sorry. DAVID G. SAMUELS: Right here? You know I'm not starting yet. I just want to make sure that-- SETH PERLMAN: Thank you. Welcome back from break. The next third of the session is ...

Recorded on: Dec. 19, 2012

JANET L. SIEGEL: And now it's my pleasure to introduce to you today's program co-chairs. Julie Floch is a CPA, and director of not-for-profit services at EisnerAmper here in New York City, where she is the partner responsible for coordinating and administration of engagements in the firm's not-for-profit practice. She's participated in various not-for-profit initiatives of the AICPA, and continues as a panelist in many of its educational courses. She's ...

Recorded on: Dec. 6, 2012

SPEAKER 1: Three minutes to cover QRM and the FDIC. SPEAKER 2: Great. We can do anything. OK. There are a bunch of QS ads, QRM is one of them. Very, very narrowly defined. Most particularly with a 28% percent debt to income ratio, and an 80% LTV maximum. That basically means you're talking about maybe 30% of loans that are typically originated. There's no concept of compensating factors where one can be higher if the other is lower. So the point ...

Recorded on: Oct. 19, 2012

MARK H. LEEDS: Good morning, my name is Mark Leeds. I'm a tax shareholder at Greenberg Traurig. I know that, just like myself, the entire audience here cannot possibly be more fascinated by the taxation of swaps and other financial instruments. Because this is a tax conference, right? So it's a pleasure to be here. And I'm really honored to be asked back. This is my third or fourth year doing the single tax section that you'll be forced to sit through. This ...

Recorded on: Oct. 16, 2012

EWA KNAPIK: Our next session is titled Fraud, Regulatory Focus, and the Dark Side of Performance Management. Our two distinguished panelists are Carmen Lawrence and Daniel Dooley. Carmen Lawrence is co-head of the Securities Enforcement and Regulation Practice, and a litigation partner resident in Fried Frank's New York office. She joined the firm as a partner in 2000. Carmen's practice focuses on representing parties in investigation and litigations, ...

Recorded on: Oct. 16, 2012

BRADLEY MCGRATH: Good morning, everybody. Mark and I are excited to be here and to be kicking off this program. We're going to talk to you this morning about, as Dana said, just an overview of relevant financial reporting frameworks and the sources of information. So this is setting the framework for, I think, the rest of the segments that you're going to hear over the next couple of days. So a lot of this is somewhat basic. Some of you may be familiar ...

Recorded on: Oct. 16, 2012

DANA MCFERRAN: Good morning. Just want to welcome everyone back to our New York facility, here all the participants here, and also to all of our participants via webcast, to Day Two of the PLI Pocket MBA program. I hope you all enjoyed the first day's session. I think it was very informative, and I hope that you'll enjoy today's session. I think we have a great host of distinguished faculty members and presenters. And as I said yesterday, please ...

Recorded on: Oct. 16, 2012

[INTERPOSING VOICES] EWA KNAPIK: I would like to introduce our next panel, Practical Elements of Finance. We will have two wonderful speakers. First of all, I would like to welcome Dubravka Tosic. She is a principal in ERS Group. Dubravka is also my friend because she's a former PWC director. She is right now an economist and principal of ERS Group which is a national leader in economic and statistical consulting. She joined ERS Group in the early ...

Recorded on: Oct. 16, 2012

DANA G. MCFERRAN: Welcome back. We are down to our last two sessions on a Friday afternoon, so I don't think I'll be disappointed in our last two last two programs. The next one is working with general counsel's office, so if you want any free legal advice, please feel free to ask these guys as we go along. But I just wanted to introduce you to our two speakers today. First, we have, to my immediate right, is John Grugan. He is a partner at Ballard ...

Recorded on: Oct. 16, 2012

SPEAKER 1: Good afternoon. I would like to welcome everyone back to the afternoon session of the PLI MBA Pocket Program. And I'm pleased to introduce you to Jonathan Doherty. Jonathan will be presenting on Integrated Performance Management. This program will run from 1:00 to 2:30. And then, at 2:30, we'll have a networking break for 15 minutes. So Jonathan is a principal in KPMG's Transaction Services practice in New York City. He leads teams providing ...

Recorded on: Oct. 16, 2012

JAMES J. AGAR: Welcome back, everybody. I hope you had a great lunch that will sustain you through an information-packed afternoon and that you had an opportunity to do a little bit of networking during the lunch break. Just a couple housekeeping things. This session will last one hour, and our next module will begin immediately at 2:30 Eastern. That portion of the program will go until 3:45 Eastern, when there will be a 15-minute networking break ...

Recorded on: Oct. 16, 2012

JAMES J. AGAR: Welcome back everyone. Just a quick housekeeping note-- the lecture that we're about to start is going to go an hour and 3/4. Breaking for lunch at 12:15, and then we will reconvene at 1:30. I hope that you all enjoyed the first panel with Brad and Mark as much as I did. No matter how long I've been in this business, when I get to attend a great presentation such as theirs, I always learn something new. I'm confident that the learning ...

Recorded on: Oct. 16, 2012

EWA KNAPIK: Hello. We are moving, now, to our next panel discussion-- Valuation Application and Methodologies. I would like to introduce our panelists. Philip Antoon is a managing director in the Alvarez and Marsal Valuation Services Practice. Since 1989, Phil has been assisting clients worldwide in the valuation of corporate entities, intangible assets, common and preferred stock options, and that. Phil has in-depth focus, providing these valuations ...

Recorded on: Jun. 26, 2012

GENE CAPELLO: Well sorry for the fire drill here, but there was no break in between, so we're going right into our next panel. Those are risk issues that keep audit committee members awake at night. Let me introduce our panelists, some of whom you've already met. To my right is Nina Henderson of Henderson Advisory. And Nina has a tremendous amount of experience on boards of directors and on audit committees. She has been Director of AXA Financial, ...

Recorded on: Jun. 26, 2012

JOHN OLSON: Well, this is the last panel of the day. This is the ethics panel. For those of you who were here for CLE, this is the medicine that we all have to take each year. So we try to sugarcoat it by setting up an interesting hypothetical. And we've got a terrific panel, yours truly excluded, to help us talk about some ethical issues that arise in a context having to do with whistle blowers and accounting issues and financial controls. So hopefully ...

Recorded on: Jun. 6, 2012

ERIC SLOAN: ALL right, we're going to get started again. Hopefully everyone has coffee because, you know, at around 3 o'clock is when the caffeine is really needed. But we have a great panel today to keep you awake and interested. So we're going to focus on capital structure considerations in financing. And to do that we have another great panel. To my immediate right is Bill Brentani. Bill is a partner at Simpson Thatcher & Bartlett in Palo ...

Recorded on: Jun. 6, 2012

ERIC SLOAN: All right, so our final panel is on professional ethics and transactional setting, and for that we continue to Brad Borden, and joining Brad is Dennis Ventry. Dennis is a professor UC Davis where he teaches tax and legal ethics in corporate practice. This is the ethics credit part of-- BRAD BORDEN: It is going to be interesting anyway. DENNIS VENTRY JR.: Especially combined with tax. So I think the hook on this, and the reason why tax ...

Recorded on: Jun. 6, 2012

KIRSTEN S. AUNAPU: OK. Well, welcome back. I hope you all had a wonderful lunch. We're going to start the second half of our day off with a great team of presenters here. I'm pleased to welcome back Professor Jennifer Blouin and Brian Doyle. They were both here with us last year and did a great job. They're going to speak to us on the practical elements of finance. Jennifer Blouin is an associate professor of accounting at the Wharton School of Business ...

Recorded on: Jun. 6, 2012

KIRSTEN S. AUNAPU: Good morning and welcome back to day two of Pocket MBA, Finance for Lawyers, the summer program. I'm pleased to welcome this morning Ken Herzinger and Dan Knappenberger. Ken is a partner at Orrick, Herrington and Sutcliffe's San Francisco office, and is a member of the Securities Litigation and Regulatory Enforcement group. Ken's practice focuses on SEC and related criminal investigations and enforcement actions, securities class ...

Recorded on: Jun. 6, 2012

ERIC B. SLOAN: Our first panel is on an overview of the relevant accounting frameworks and sources of information. And to handle this and to start things off, we're really fortunate to have Erik Moe. Erik is a Director with Deloitte. He focuses on financial accounting and reporting. He has an in-depth knowledge of a broad range of issues, including issues related to M&A, private equity, and IFRS, and he'll explain what that means. Erik? ERIK ...

Recorded on: Jun. 6, 2012

KIRSTEN AUNAPA: OK. Welcome back. We're going to get started with our next topic, which is integrated performance management. I'm pleased to welcome back Dan Berner, a partner at Deloitte & Touche LLP, and Jason Downing, a principal at Deloitte Consulting. And they're going to kind of build on the basic introduction to financial statements that they gave you yesterday. And we'll get into a more practical read of how to actually read and analyze ...

Recorded on: Jun. 6, 2012

KIRSTEN AUNAPU: OK, thank you. Welcome back, and I'm pleased to introduce the dynamic duo of Dan Berner and Jason Downing. Dan is a Deloitte partner out of the Dallas, Texas audit practice. Deloitte's been serving large audit clients for the past 22 years, and has significant experience with SEC matters, including initial and follow-on registration statements, acquisitions, divestitures, and period filings. And our other colleague, Jason Downing, ...

Recorded on: Jun. 6, 2012

ERIC B. SLOAN: All right, welcome back. For our next panel we have three really great speakers. To my immediate right is Doug Lane. Doug is a managing director at GLC Advisors which is a leading independent restructuring advisory firm. And before joining GCL Doug was with UBS's restructuring and leveraged finance group in San Francisco. And Doug is actually back-- this is your second year? DOUG LANE: Second year, yeah. Thank you. ERIC B. SLOAN: ...

Recorded on: Jun. 6, 2012

ERIC B. SLOAN: Let me introduce for you our next panelist, the sole panelist, is Brad Borden. Brad is a Professor of Law at Brooklyn Law School, where he teaches federal income tax. He focuses on partnership taxation, real estate taxation, and related matters. And Brad is going to take us through the financial analysis of non-corporate entities. BRADLEY T. BORDEN: Thanks Eric. And also thanks for inviting me to participate today. I think originally ...