Accounting Conference 2020 - Online

Accounting Conference 2020 - Online


    • Monday, 4 May, 2020
    •  
      Conference Welcome
      S1: Technological revolution and the economic opportunities within
      Hear about the technology revolution that is taking place across different sectors of the economy and the wider-society and its impact on our lives and work. Gain valuable insights into those areas of the economy experiencing significant growth and those exposed to the highest risk. Delve into what the economic future looks like, to help you plan and navigate the opportunities and disruption that present themselves.
      S2: Shifting the paradigm: Finance function of the future – Panel Session
      Join this informative opening panel session on the finance function of the future. What is the role of finance professionals and what does the future of reporting look like in the current economic, social and technological environment? How should finance embrace technology, innovation, and manage risks and opportunities? What does digital finance transformation really mean? Is the future going to see finance embracing real-time dashboard reporting, artificial intelligence and digital reporting any time soon? Tune in to hear the expert opinions.
      S3: IFRS 16 Leases transition guidance and other practical considerations
      Are you on track for IFRS 16 Leases? Attend this session to learn practical insights, wider business impacts and key focus areas to look out for during your transition to IFRS 16. Hear about the flow-on effect that IFRS 16 will have on other accounting standards, including IFRS 3 Business Combinations, IAS 36 Impairment of Assets, and how your organisation needs to be prepared to combat any potential issues that may arise.
      S4: Fast-track pathway from analyst to value-driven strategic CFO
      Fast-track your career to strategic CFO in this interactive session on the concepts, techniques and language of strategy. Learn how to move beyond the numbers and take a strategic lens to the business with real-world examples. This session will provide you with perspectives on how a strategic mindset will enable you to make better decisions, faster. Understand the relationship between growth, innovation and business strategy, and how to deal effectively with uncertainty and ambiguity to fast track your career towards a strategic CFO.
      S5: ASIC insights and surveillance areas for 30 June 2020 reporting
      Gain insights directly from ASIC in preparing for the 2020 financial reporting season. Hear first-hand from the regulator about ASIC’s key surveillance and focus areas, findings from ASIC’s financial report reviews, and the issues ASIC anticipates relating to the new accounting standards. From impairment to key areas of accounting policy judgements, to the new Conceptual Framework, these latest in reporting updates will ensure that you are on track for meeting your financial and regulatory obligations.
      S6: Non-financial risk landscape: climate change, cyber and emerging risks
      Risk comes in many forms, from climate risk, compliance and misconduct to cyber – it is important that businesses consider and translate these risks into the potential impacts to their business operations. Australia has seen an increased focus from regulators and the investment community on the impact of non-financial risks and its reporting, including the recent Banking Royal Commission. This session explores the current non-financial reporting and risk landscape, recent developments in climate and other emerging risks, including updates on the Task Force on Climate-related Financial Disclosures, ASIC’s RG247 as well as insights from key drivers of investment, the current state of disclosure and the future state of insurance. This session will explore the roadmap that business need to consider to understand, disclose and address non-financial risks in their operations.
      S7: Entrepreneurial methods to business model innovation and leading finance transformation
      How do emerging technologies create business models that foster ecosystem-driven competition? How is data taking centre stage in financial services? What are the new narratives of value creation in financial services? This session aims at illuminating the practical applications of emerging technologies and leading change with a focus on financial technologies innovation through entrepreneurial approaches. It will explore the current and future global market trends and the demand for talent. Participants will be able to learn about what is means to innovatively transform a business’s operating model and the finance function using the latest technologies, data, analytics and insights.
      S8: Accounting standards update: For-Profit and Not-For-Profit entities
      Discover what’s new in the world of financial reporting for 2020. With changes happening across the spectrum, attend this session to find out the latest in transitioning to IFRS, AASB updates, special purpose and mandatory reporting obligations. Explore the standards that are in issue but not yet effective and those which are likely to impact your organisation. Whether you are dealing with for-profit or not-for-profit entities, learn what is on the horizon in time for your 30 June 2020 financial reporting cycle.
      S9: Advanced budgeting, forecasting and data visualisation techniques
      Discover a range of tools and techniques to improve the usability and reliability of your budget and forecast models. Learn how to integrate dynamic budgeting and forecasting and align these processes with your business strategy. Explore examples of how to create forecasts that properly incorporate imprecise data and allow for uncertainties. Gain the confidence that comes from knowing that your budgets and forecasts are robust, accurate, and reliable. Understand how to use visualisation tools to identify business trends, analyse financial performance and formulate meaningful conclusions
      S10: Agile approaches to project accounting, business partnering and value creation
      This session explores the implementation of project accounting methodology with a focus on how to deliver Scrum and Agile initiatives from a financial perspective. Hear about what it takes to deliver Waterfall, Agile and Hybrid projects with finance and the business in mind. Learn how to capture project implications into your reporting and to ensure that the accounting and project delivery teams understand each other's lingo. See practical examples of a project management dashboard and analytics tool that can empower finance with the foresight to deliver significant value to their customers and businesses.
      S11: From ‘fake news’ to reporting excellence through customer-centric storytelling
      Evolving broad-scale trends are impacting expectations of stakeholders: erosion of trust, emergence of non-financial information for decision making and accountability, fast paced technology. The information needs of regulators, capital providers and customers are changing. This session explores how finance teams need to respond to ensure quality financial, non-financial and regulatory reporting outcomes. Learn what reporting excellence means into the future, how to apply sound governance and control principles to ensure retention of trust by stakeholders and the wider society. Gain practical insights into the challenges that finance face, in the current disruptive and political environment of ‘fake news’ through effective story-telling techniques and best practice reporting outcomes.
      S12: Python programming for accountants: use cases and insights for business
      Many organisations are striving to close the data science and finance skills gap, fueled by growth in big data analytics and digital technologies. This session skips the computer science jargon and showcases the practical applications of Python code for accountants. Learn about the fundamental Python programming concepts and how to get started with only a few codes, with no prior programming experience. Go through a case study example of data analysis using Pandas and data visualisations using Matplotlib.
      S13: Purposeful and practical yoga habits for the mindful accountant
      Hear about how Camille’s career in an accounting inspired business Monday Mind, a meditation school for corporates. Learn about the personal and professional attributes that it took for her to become an entrepreneur and find happiness in yoga and mindfulness. Explore how to apply yoga and meditation techniques in your finance role, no matter what your position in the hierarchy You don't have to quit your job and go off the grid to find fitness, peace and purpose in your life!
      S14: Road to meaningful financial statements through decluttering disclosures & COVID-19 impact
      How do you reduce the ‘noise’ that has traditionally been associated with financial reporting disclosures? Is there a way to ensure a mix of fulfilling compliance requirements vs the value to its’ users? Are you across the impacts the COVID-19 pandemic may have in preparing your financial statements? Learn practical insights on how to declutter your disclosures, including the removal of the special-purpose reporting option in time for the current reporting season. This session will explore practical implications of ED295 and ED297, including ways to improve consistency, comparability, transparency and enforceability of financial statements and better align to the needs of the end users.
      S15: Modern-day slavery and sustainable supply chains
      The Modern Slavery Act and it’s reporting requirements came into force on 1 January 2019. Businesses are required to disclose and address their modern slavery risks, and maintain responsible and transparent supply chains – but how? Explore case studies and real-world insights into the importance of these requirements. Learn about the ethical issues, sustainability impact and broader opportunities towards becoming a Social Enterprise that exist. This session runs through a practical roadmap to guide you in your first steps in mapping out you supply chains, risk factors to consider and suggested mitigation strategies for your business.
      S16: Behavioural accounting and impression management for financial decision-making
      Financial decisions are not always made rationally. Our biases colour our judgements, choices that we make, how we interpret financial information, invest our resources and even how we relate to clients and customers. This insightful session explores how behavioural impression management techniques come together to enable finance and business professionals to make better decisions and maximise customer engagement. Understand your own behavioural biases, typical human behaviours, and its role in corporate communication and decision-making.
      S17: ‘Out of the box’ innovative thinking skills for finance
      This interactive, engaging and practical session shares the simple tools you can use to think outside the box and innovate. We will explore how business will change, what that will mean for accountants and the skill sets we will need. Explore and practice techniques used by the world’s best thinkers to be more innovative, creative, flexible and fresh in our thinking and approach to solving accounting problems. Share ideas and discover what accountants and other professional organisations around Australia are already doing differently and what might and might not work for you and your organisation.
      Conference Close
    Top