The Sovereign Debt Crisis, a Matter of Urgency―From Lessons to Reform

IFAC Seminar

Mar 27, 2012 | Vienna, Austria | English

Related materials

Learn more

April 2012 - PSTF Recommendations for the G-20 Nations – Meeting of April 19-20, 2012
April 2012 - IFAC Makes Recommendations to the G-20 – Meeting of April 19-20, 2012
March 2012 - IFAC Policy Position Paper #4: Public Sector Financial Management Transparency and Accountability: The Use of International Public Sector Accounting Standards
May 2010 - Public Consultation on The Suitability Of International Public Sector Accounting Standards (IPSAS) For EU Member States

Agenda

Day One: March 19, 2012

8:45 – 9:15	Welcome Remarks and Opening Address Accounting, Transparency and Financial Stability Ian Ball, Chief Executive Officer IFAC
9:15-10:00	Sovereign Financial Reporting and the Regulatory Gap Vincenzo La Via, Chief Financial Officer World Bank Group
10:00-10:45	Code of Fiscal Responsibility—Keeping Sovereign States Out of Budget, Accounting and Financial Management Trouble (supporting slides) The Honourable Ruth Richardson, Former New Zealand Finance Minister
10:45-11:15	Networking Break
11:15-12:30	From Cash to Accrual Accounting and Budgeting in Government—Why, When, and How? Andreas Bergmann, Chair IPSASB Belén Hernández, Public Accounting Directorate Spain Gerhard Steger, Director General Budget and Public Finance Austria
12:30 – 13:30	Buffet Lunch— Bruckner/Mahler/Brahms Strauss Room
13:30 – 14:15	The Euro Crisis: Where We Stand, and Possible Consequences Nicolas Véron, Senior Fellow Bruegel Institute Visiting Fellow, Peterson Institute for International Economics (Washington DC)
14:15 – 15:45	The Experience in Sweden Jan Sturesson, Leader, Global Government and Public Services, PwC Bo Lundgren, Former Minister for Fiscal and Financial Affairs Sweden Göran Persson, Former Prime Minister of Sweden
15:45– 16:15	Networking Break
16:15– 17:00	GFC and Sovereign Risk—Solutions from Down Under Professor the Honourable Stephen Martin, Chief Executive, Committee for Economic Development of Australia
19:30	Gala Dinner—Klimt Ballroom Ian Ball, Chief Executive Officer IFAC

Agenda

Day Two: March 20, 2012

9:00 – 10:00	Sovereign Debt and Public Finance Today—Lessons Learned and Looking Forward James Turley, Chairman and Chief Executive Officer Ernst & Young
10:00 -10:30	Networking Break
10:30-11:30	The Government Balance Sheet Crisis Prof. Dr. Roger Dassen RA, Global Managing Director Clients, Services and Talent Deloitte Touche Tohmatsu Limited
11:30-12:30	Sovereign Debt Challenges and the Implications for the Accounting Profession Honorable David Walker, Founder and CEO, the Comeback America Initiative and Former Comptroller General of the US
12:30-13:30	Buffet Lunch—Bruckner/Mahler/Brahms Strauss Room
13:30 – 15:45	The Long Term Fiscal Sustainability of Governments John Herhalt, Global Chair Government and Infrastructure KPMG LLP Jón Blöndal, Head of Budgeting and Public Expenditures OECD Marco Cangiano, Assistant Director, Head of the Public Financial Management Division International Monetary Fund Robert Dacey, Chief Accountant Government Accountability Office USA Fritz Zurbrügg, Director Swiss Federal Finance Administration
15:45– 16:15	Networking Break
16:15– 16:45	What Next? Strategies for Achieving Action Andreas Bergmann, Chair IPSASB
16:45-17:15	Closing Address Göran Tidström, President IFAC