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

IFAC Seminar

Mar 27, 2012 | Vienna, Austria | English

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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

10:45-11:15Networking 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– 16:15Networking 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