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Greater Washington - SEC Panelists to address International Accounting Initiatives
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When: 4/22/2010
6:00 PM
Where: Ernst & Young LLP, Conference Room 2301
8484 Westpark Drive
McLean, VA  22102
United States
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SEC Panelists to address International Accounting Initiatives

ASCEND invites Securities and Exchange Commission

Panelists to address International Accounting Initiatives

Ascend Greater Washington DC Chapter proudly sponsors an educational event to discuss recent developments in international accounting and the global financial reporting infrastructure. Susan Koski Grafer from the Office of Chief Accountant, U.S. Securities and Exchange Commission (SEC) will present at the event.

This session will cover the following topics:
  • What are the internationally-focused initiatives taken by SEC’s Office of Chief Accountant?
  • What are some of the current international issues in financial reporting, accounting and auditing, and who are the organizations that are involved with these issues?
  • What are some of the key elements in the recently-published Commission Statement in Support of Convergence and Global Accounting Standards (i.e., the Work Plan for the Consideration of Incorporating International Financial Reporting Standards into the Financial Reporting System for U.S. Issuers)?
  • How can Asian-Americans contribute in the various initiatives at the SEC?
  • Opportunities for public service and career development at the SEC.

Thursday, April 22, 2010

Time: 6:00pm - 8:00 pm Networking and registration start at 6:00 pm. Seminar starts at 6:30 pm. Appetizers and Refreshments will be served.)
Place: Ernst & Young LLP
8484 Westpark Drive, McLean, VA 22102
Conference Room 2301
Cost: Free for members and non-members
Registration:RSVP for the event here by Friday, April 16, 2010.

Susan Koski-Grafer
Senior Associate Chief Accountant
Office of the Chief Accountant
U.S. Securities and Exchange Commission

Maya Samms
Chief Recruiter
Office of Recruitment
U.S. Securities and Exchange Commission

Ron Crawford
Diversity Counsel
U.S. Securities and Exchange Commission

About Ascend:
Originally named NAASA, Ascend was launched by a group of dedicated leaders who were committed to advancing the finance and accounting professions in the Asian and Pacific Islander communities.Since its founding in 2005, Ascend’s
mission and focus have expanded to include individuals and companies from other disciplines who share common objectives of reaching their optimal business potential.As of March 2010, Ascend has over 20 chapters in formation across the U.S., and over 4,500 members from 150 companies.

To learn more about Ascend or to join as a member, please visit

About SEC Office of the Chief Accountant:
The Office of the Chief Accountant (OCA) is responsible for establishing and enforcing accounting and auditing policy to enhance the transparency and relevancy of financial reporting, and for improving the professional performance of public company auditors in order to ensure that financial statements used for investment decisions are presented fairly and have credibility.

To accomplish OCA's stated mission, the office is divided primarily into three major groups; Accounting, Professional Practice and International Affairs. These three groups work collaboratively to serve as the principal adviser to the Commission on accounting and auditing matters.
  • The Accounting group works closely with domestic private-sector accounting bodies such as the Financial Accounting Standards Board. Registrants, auditors, as well as the Divisions of Corporation Finance, Enforcement and Investment Management regularly consult with the group regarding the application of accounting standards and financial disclosure requirements.
  • The Professional Practice group works closely with the Public Company Accounting Oversight Board to develop auditing policies and procedures that promote the development of reliable financial reporting information. This group also manages the resolution of auditor and preparer independence and ethical matters that have been brought to the attention of the Commission.
  • The International Affairs group works with the Accounting and the
Professional Practice groups and international accounting, auditing, and regulatory organizations that share similar financial reporting objectives as the Commission.

The remarks made during the event are the views of the speakers, and do not necessarily represent the views of the U.S. Securities and Exchange Commission, the Commissioners, or other members of the Commission's staff.

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