2023 Global Financial Reporting and Valuation Conference

12.11.2023

KPMG is please to announce our annual Global Financial Reporting and Valuation Conference at the Fontainebleau in Miami Beach, FL. This invitation-only event brings together subject matter specialists and business leaders to help you navigate the latest generative AI developments, SEC regulations, sustainability reporting requirements, the global minimum tax rules under Pillar 2, economic instability, and much more. Our goal is to empower accounting and finance executives from all industries to take bold steps to build resilience for the complex road ahead.

Monday, December 11, 2023

Time (Eastern Time)	Agenda
7:00 AM - 8:00 AM	Breakfast
8:00 AM - 10:30 AM	Keynote Speaker. SEC Updates. Our panel of KPMG regulatory experts will provide the latest guidance, insights, and SEC regulatory news. They will discuss recent activity of the SEC, including rulemaking developments (such as the final cybersecurity disclosure rule) and recent comment letter trends. In addition, attendees will have the opportunity to gain insights around Non-GAAP reporting and perspectives around what to expect in 2024.
10:45 AM - 11:45 AM Breakout sessions (participants will select one)	ESG. This session will help attendees learn more about how industry specific sustainability-related risks (and potential opportunities) impact your organization. Subject matter specialists will cover the forthcoming sustainability regulatory reporting requirements and how they will impact your current sustainability-related commitments/target setting process and ability to make more informed strategic decisions. You will also learn about typical material sustainability-related risks that impact your industry in a unique way compared to other industries. Finally, this session will cover, whether you should focus on compliance only, use compliance to enhance enterprise value or something in between. Rethinking Talent. Many organizations continue to face challenges to attract, engage, and retain talent in a multi-generational workforce. With economic uncertainty and a competitive labor market facing nearly all industries and organizations, the importance of having an effective human capital strategy has never been greater. How can business leaders organize the way they work differently to take advantage of technology changes and mitigate these gaps? This session will explore and discuss how business leaders can: Elevate service delivery models through technological advancements and new ways of working Deconstruct work to create new jobs of the future, with a focus on strategic high-impact activities done by the right people at the right time Reimagine their talent strategy to retain high performing employees "working in the flow of life" Unlock additional workforce skills and capabilities through global talent marketplaces GenAI in the Accounting/Finance Function. This session will provide audience members with a differentiated point-of-view, grounded in the Generative AI survey data, on how AI impacts the finance function. Specifically, at the end of the course, audience members should be able to understand the key elements of Gen AI that are impacting the finance function today from: a) industry issues/needs, b) use cases, c) benefits, d) risk considerations, and e) implications, including actionable recommendations for the finance/accounting function to consider for investing in and implementing Gen AI to help drive transformation and modernization efforts.
12:00pm - 1:00pm Breakout sessions (participants will select one)	GenAI in the Accounting/Finance Function. This session will provide audience members with a differentiated point-of-view, grounded in the Generative AI survey data, on how AI impacts the finance function. Specifically, at the end of the course, audience members should be able to understand the key elements of Gen AI that are impacting the finance function today from: a) industry issues/needs, b) use cases, c) benefits, d) risk considerations, and e) implications, including actionable recommendations for the finance/accounting function to consider for investing in and implementing Gen AI to help drive transformation and modernization efforts. What CAOs should know about BEPs and Pillar 2. This session will highlight dependencies on Accounting and Finance organizations resulting from the global minimum tax rules under Pillar 2 of the Organization for Economic Cooperation and Development (OECD) BEPS 2.0 project. Although this is a new tax regulation, many of the compliance requirements rely on financial accounting information and puts pressure on separate company / legal entity accounting. Our panel of subject matter experts will discuss the implications of Pillar 2 from a global perspective considering it is estimated there are more than 6,000 multi-national companies impacted. Some aspects of these rules will take effect as soon as fiscal year 2024 and impacts an organization well beyond the tax function and thus requires the coordination of many stakeholders including Chief Accounting Officers (CAOs) and Chief Financial Officers (CFOs). Creating value in M&A transactions. This session will provide an overview of current M&A market activity and provide perspective on the industries or business characteristics that are driving above market valuations. The session will also include a discussion on the strategic identification of assets and operations for acquisition or separation. Finally, we will share thoughts on risk mitigation and value optimization through creative structuring, cross functional diligence, and efficient integration / separation.
1:00 PM - 1:45 PM	Lunch
Starting at 1:45 PM Networking Activities	Cooking Like A Local. Cook like a local at La Cañita, a restaurant that celebrates the food and flavor of tropical, sun-drenched destinations. Guests will participate in a team cooking competition that features bold and exciting Caribbean & Cuban fusion, including specialty cocktails! Deep Sea Fishing. Nothing beats the exhilaration of battling a really big fish in the Gulf Stream. For generations, deep sea captains have plied the waters in and around the Miami area, taking fishing enthusiasts to the best spots to seek their prey. Enjoy the same fast paced action for tuna, billfish and other pelagic species that Ernest Hemingway made famous. December groups can catch sailfish, dolphin, and marlin. Superblue Immersion. Miami’s most exciting new immersive art experience. Explore a breathtaking mirrored maze, interact with awe-inspiring digital worlds, see your own heart beat to the glow of 3,000 lights, and so much more. World-class, unforgettable, and only in Miami. Relax by the Pool. Spend some time networking with conference attendees at the hotel pool while enjoying cocktails and Hors d'oeuvres.

Tuesday, December 12, 2023

Time (Eastern Time)	Agenda
07:00 AM – 08:00 AM	Breakfast
08:00 AM – 12:00 AM	Building a cost efficiency strategy to drive growth and value. In this course, audience members will be able to understand how to make cost efficiency their business objective; including defining their cost efficiency as it relates to their business, identifying strategies to reshape cost efficiency, determining how geopolitical uncertainty, inflationary pressures, energy volatility, and supply chain disruptions are fueling uncertainty and risk. In addition, this course will outline the following six key strategies for effective cost takeout: a) real understanding of the business, b) clarity and knowledge, c) clear leadership and communication, d) behavior change, e) fresh thinking, and f) rigorous implementation. Legislative Update. KPMG Tax Principal, John Gimigliano will provide the latest updates related to federal tax legislation and regulations. Economic Outlook. KPMG senior economist Meagan Schoenberger will share a U.S. economic update, discuss the current inflationary environment, consumer spending, and the Fed rate hike cycle.
12:00 AM – 01:00 PM	Lunch/depart