Life Science Technical Accounting Update 2023

VIRTUAL CONFERENCE

From Gross to Net Estimates to IPR&D and intanglible assets to Revenue Recognition examples, M&A Trends, Complex Debt and Equity Structures in Life Sciences, Tax News, ESG, Regulatory Updates, Joint Ventures: Accounting Considerations and latest updates, this conference will address the latest developments in key areas. You’ll hear from experts at Deloitte, Ernst & Young, Effectus Group, life science analysts and your industry counterparts.

LEARNING OBJECTIVES:

  • Understand the latest accounting changes in key areas
  • Recognize the timelines and key factors affecting the life science industry
  • Begin to assess the effects of these standards on your company or clients

REGISTRATION INFORMATION:

Cost: $695
This event will run 8:45-4:40p (Pacific) each day.

REGISTER NOW »

Register any one of three ways:
1. Register online using a credit card and click the orange button
2. Register by phone at (610) 789-3110 
3. Email your contact info to be invoiced to [email protected]


Agenda: DAY 1
8:4510:10Life Science Industry Overview
Sector Landscape
Miodalities and development pathway
Business models and capital formation
CFO, accounting and tax lens
Regulatory and reinforcement
Strategic trends
Governance and risk
10:1010:30Break
10:3012:00Gross to Net & Inventory Accounting
Gross to Net
Introduction and Overview
Industry View
Estimation Methodology
Approaching Launch
Key Challenges
SEC Comments
Close and Financial Reporting
GTN Hot Topics Discussion
Inventory Accounting Refresh
12:0012:45Lunch Break
1:2:452:05Revenue Recognition for Collaboration & License Agreements
Analyze key 606 considerations
Understand disclosure expectations
Practical approached for estimating and constraining variable consideration
Review real-world examples
2:052:15Break
2:153:30GenAI Automation Update
What works and what doesn't in corporate accounting
Understanding the AI spectrum and AI agents
AI in financial reporting & demo
Potential impacts to your audit
3:303:40Break
3:405:00Budgeting and Forecasting Best Practices
Real life examples of successes and failures
Forecast models
Leverage different technology approaches

Agenda: DAY 2
8:459:55Tax Update
Latest legislative developments
Key Tax Proposals
Possible timing and other legislative priorities
9:5510:10Break
10:1011:30Accounting for Financing Arrangements in Life Sciences
11:3011:45Break
11:451:10Accounting for R&D and Clinical Trials
R&D Funding Arrangements
R&D Cost Classifications
Other Intangible Assets
SEC Comment Letter Trends
1:102:00Lunch Break
2:003:15SEC & FASB Developments Affecting Life Science Companies
Disaggregation of income statement expenses
Improvements to income tax disclosures
SEC Comment Letter trends
FASB developments
US regulatory updates
PCAOB standard-setting and rulemaking activity
3:153:30Break
3:304:50SOX & Internal Controls Update
Use of Gen AI
Segment Reporting Control Considerations
Risk Assessment refresh
Deficiencies and severity assessment
Conference Series Speakers Include:
Eugene Bessacini PwC, Deals Director
Adam Barrow Riveron, Senior Director
Nick Sanfilippo Riveron, Director, Accounting Advisory & IPO
Glenn Snyder Riveron, Senior Director - Interim Management
Zara Muradali Uncommon Collective, Founder
Matt Norman Deloitte, Manager
Russ Higgins Connor Group, Partner
Travis Combs Riveron, Managing Director
Marcus Lindner Ernst & Young, Partner
Margaret Smith Protiviti, Managing Director
Nathaniel Spedalieri Ernst & Young, Senior Manager
Salonee Hanspal Ernst & Young, Assurance Senior Manager
Gia Suber Ernst & Young, Senior - Technical Accounting Advisory Group
Kyle Straub PwC, Director
Moira Klinger PwC, Director
Emma Nealis PwC, Manager
Aleks Zabreyko Connor Group, Managing Partner
Jeffrey Kummer Deloitte, Director of Tax Policy
Joshua Areola Ernst & Young, Assurance Senior Manager
Tim Geringer Ernst & Young, Senior Manager
James Bowie Ernst & Young, Managing Director, Technical Accounting Advisory Group
Spencer Moses Ernst & Young, FAAS Manager
Tanner Schnitz Ernst & Young, Technical Accounting Manager
James Bowie Ernst & Young, Managing Director, Technical Accounting Advisory Group
Randa Ghantous Connor Group, Partner
Matt Lepley Connor Group, Partner
Christie Hutchinson Riveron, Managing Director, Technical Accounting & IPO
Alice Chen Ernst & Young, Senior Manager