Welcome to IFRS in Oil, Gas & Utilities

12th & 13th July 2005, Le Meridien Piccadilly, London, UK.

An event specifically designed for Oil, Gas and Utility finance executives...

The world of accounting is changing - standards are being codified and accepted on a global basis, and this year all publicly listed companies in Europe have to comply with IFRS. There is much more to get to grips with around IFRS than the first implementation however.

Most events dealing with IFRS try to address the needs of all business sectors, so it’s not surprising that they are often very general and shallow in the range of topics and practically useful information that they offer.

This event is different – ViB has researched the status of IFRS projects with your peers from throughout the international utilities, oil & gas sectors. The agenda – which features senior IFRS experts drawn from leading companies like BP, Electrabel, Energias De Portugal, RWE, Edison, Unión Fenosa, Anglian Water Services and Cegedel, has been specifically designed to address the key IFRS issues which the oil, gas and utilities sectors are dealing with.

• Now that the first set of reports has been filed, what has been learnt from the initial implementation of IFRS? What remains to be mastered and refined?
• How do you account for derivatives under IAS 39?
• How do you account for emission rights?
• Have you found the most effective method of impairment accounting?
• How do you value employee benefits?
• How have the initial reports been received by shareholders and analysts, and what impact has this had on company evaluations?

Request the brochure here