- Overview
- Session Replays
- Speakers
- Steering committee
- Related resources
Overview
2019 was a year highlighted with “super-mega” mergers in the US, organizational transformation through technology and workforce, and geopolitical challenges and uncertainty. As planning and corporate visions were being finalized for 2020, few could have predicted what was to come next. On came the global pandemic, which not only challenged the way companies and individuals operate but transformed reality. Reality Rewired: a dynamic vision for the future.
We invite you to review the highlights from KPMG’s Global Financial Reporting and Valuation Conference where subject matter specialists and industry leaders provided insights about the ramifications of the November election related to tax law and fiscal policy, how the CAO continues to seize the business partner role in a turbulent 2020, how companies are adapting to a remote workforce, capital structures in the pandemic environment, and differentiated diligence in a virtual setting. In addition, you will have an opportunity to access break-out sessions covering industry specific trends and financial reporting and valuation challenges.
Session Replays
Monday, December 14th
Topic |
Description |
Resources | Replay* |
|---|---|---|---|
| 2021 and Beyond | Insights and broad ramifications of the November election as related to tax law and fiscal policy. What we can expect to see in 2021. | Session presentation | Video replay |
| Breakout Sessions | Being or Going Public in 2020. This session will focus on the latest trends in the IPO market, including the popularity of leveraging pre-existing special purpose acquisition companies to take your company public. Further, for those corporations already publicly traded, the session will highlight current SEC trends, such as changes to Article 11, ASC 805 reporting and other disclosure requirements. |
Session presentation | Video replay |
| Capital structures in the pandemic environment. Initially during the COVID pandemic, federal funds and banks were quite generous to many companies across many impacted industries. We saw companies accessing capital and maintaining liquidity through PPP loans, revolvers, divestitures, extension of payment terms, lease abatements, etc… and leveraged that capital to maintain payroll, invest in infrastructure and new expense overhead such as protective equipment and increased go to market expense created by the pandemic. We are slowly seeing a new environment as lenders become more active in both lending and evaluation of problem credits that are still facing significant headwinds in their respective markets. While the credit markets are becoming stronger, lenders are beginning to downgrade ratings and are actively assessing potential winners and losers as future forecasting becomes more fact based. | No session materials | Coming soon | |
| Differentiated diligence. In today’s environment understanding a company’s value requires a more integrated, and data-driven diligence approach that looks deeper into market considerations, operating effectiveness, functional performance and financial health. Accomplishing this during the COVID pandemic has been a challenge for corporations. Advanced analytics, virtual tools and a cohesive multi-disciplined team is needed to drive rich driven insights to assess the Target value. Getting this right will lead to outsized performance and value creation in the future. | Session presentation | Video replay |
Tuesday, December 15th
Topic |
Description |
Resources | Replay* |
|---|---|---|---|
| CAO rising as a business partner | This session builds on the Chief Accounting Officer (“CAO”) of the Future survey highlighted to the GFRVC audience last year. We will focus on the continuing evolution of the CAO role, especially in the Covid Environment, share best practices on being a better business partner within the organization and learn how to broaden the mindset to be at the center of a company’s transformation. Hear best practices from your peers as well as lessons learned along the evolution. | Session presentation | Coming soon |
| Remote workforce | Great companies don’t just respond to crises, they seize them as an opportunity to become better—to cast off what is no longer working and pivot to new ways of doing business. What began as an extraordinary “work anywhere” pilot now requires organizations to rethink how they enable agile, sustainable and new ways of working. This has presented a profound opportunity for organizations to take the friction out of delivering to the customer and fulfilling the employee experience. It has also set the stage for improved productivity, reduced turnover, better access to diverse talent, and lower costs. We describe this transformation as, “Work anywhere, together.” | Session presentation | Video replay |
| Breakout Sessions | COVID-19 impact and challenges in the retail industry - COVID-19 had an unprecedented impact on the retail industry, creating challenges to most non-essential retail businesses. While retail businesses are operating, there are limits on customer capacity and store hours, as well as other contributing factors that are leading to a decline in revenue and permanent closures. In this session, we will discuss the current status of the retail industry, predictability of revenues and cash flows, impairment triggers, measuring the fair value of a ROU assets, and engage in a panel discussion with industry participants on a variety of relevant topics. | Session presentation | Video replay |
Finance Rising - In a time or rapid change, industry consolidation, and technological innovation the role of a bank’s finance department is quickly changing to address the needs of their own organization and the industry as a whole. This roundtable discussion with several Bank financial professionals will highlight and answer may of most urgent questions facing a finance department today including:
|
No session materials | Coming soon | |
| Energy/Oil & Gas - Boom-and-bust cycles have long been a feature of the energy industry, but COVID-19 is accelerating what was already shaping up to be one of the industry’s most transformative moments. Join KPMG industry leaders as they provide an overview of the current industry trends (Oil and Natural gas price trends, and OPEC+), while also discussing the financial reporting and valuation impacts related to restructuring and consolidation. The session also provides an opportunity to hear from your peers on the current situation and views on the future. | Session presentation | Video replay | |
| Navigating the Regulatory and Financial Reporting ecosystem of the Healthcare and Life Sciences Industries. This session will provide a brief industry update followed by a discussion on financial reporting and accounting topics relevant to the healthcare and life sciences industries. We plan to cover the regulatory fair market value issues that are unique to these two industries. In addition, the session will touch on industry centric considerations in purchase accounting and goodwill impairment testing. | No session materials | Video replay | |
| Technology/Media/Telecommunications. This breakout session will cover current market trends affecting the Technology, Media and Telecommunications industry. There will be a discussion of specific topics such as the impacts of 5G technology deployments, ESG/sustainability, migration to cloud enabled services and the current regulatory environment. Covering these topics will be industry experts from KPMG, followed by a panel session that will address questions from the audience as well as the impacts to the TMT industry of the issues discussed during the general sessions. | No session materials | Video replay | |
Manufacturing Disrupted: What changed in 2020 and what have we learned? |
Session presentation | Video replay |
*Session replays do not qualify for CPE credit
Speakers
Steering committee
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