The two-day meeting, which kicks off Nov. 6 at New York's Waldorf Astoria Hotel, will focus on the latest developments in financial reporting, including updates on Securities and Exchange Commission requirements and rules proposals, Financial Accounting Standards Board rulings and accounting changes, and other developments affecting external financial reporting.

In a keynote address Monday morning, Frank G. Zarb, chairman of the National Association of Securities Dealers and chairman and chief executive of Nasdaq, will discuss the challenges of building a global stock market.

A panel including Financial Accounting Standards Board chairman Edmund L. Jenkins and KPMG vice chair Mary Pat McCarthy will explore new business trends and their impact on valuation, accounting, reporting and control frameworks.

In his discussion Monday afternoon, "A New Economy...A New Accounting," Fortune Magazine Board of Editors member Thomas A. Stewart will look at the failings of old measures and proven new ways of accounting for knowledge assets and performance of knowledge companies.

In addition, a four-member panel including Robert Wilkins, FASB project manager on Financial Accounting Standard 133 implementation, will look at questions arising from the implementation of FAS 133, discuss approaches being used, transition issues, and disclosure, as well as processes to document effectiveness.

Other topics on the agenda include the Internet and e-business accounting and reporting issues, international accounting standards developments, and developments impacting the roles and responsibilities of management, auditors, and audit committees.

-- SmartPros News Staff

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