Programme

DAY 1: MONDAY 31 MARCH 2008

Richard Addison
Head of Global Telecommunications IFRS Network
Ernst & Young LLP

Alan Teixeria
Senior Project Manager
INTERNATIONAL ACCOUNTING AND STANDARDS BOARD

Applying IFRS to achieve high quality comparable financial statements

• A focus on the IASB revised version of IFRS 3 released in January 2008 – Business Combinations
• Accounting for intangible assets, often the most significant part of a Business Combination
• Discussing the issues the IASB is currently working on

Hadleigh Shekle
Telecoms Audit Partner and EMEA Co-leader on IFRS in TMT
DELOITTE

Evaluating performance reporting under IFRS by telco’s – the return of non-GAAP measures

• Examining performance measures used by telco’s and their comparability
• What adjustments to earning under IFRS are made for the purposes of performance reporting
• Reviewing how analysts approach valuations and the performance measures used

Daniel Ret
Head of Revenue Assurance – Group Revenue Assurance
VIRGIN MEDIA

Case study – Virgin Media: the integration of the NTL, Telewest and Virgin Mobile Revenue Assurance functions

• Identifying and outlining key challenges with the merger
• Creating a single set of metrics processes and monitoring tools for the company
• Obtaining senior management buy-in and financial support

William Appleby
Partner Ernst &Young LLP

Effectively utilising accounting and financial reporting to drive business and gain a competitive edge

• Using IFRS to drive ARPU by increasing volume, value and term
• Using financial reporting to structure the pricing and incentive commission of high-value and core services
• Reporting on international assets and how to manage assets across international boundaries

Michael Richter
Principles Policy and Research, Group Accounting & Controlling
DEUTSCHE TELEKOM

Unbundling the accounting requirements solutions of triple play and quad play services

• Assessing the demands of multi-play bundled offerings on financial reporting
• Investigating the depth of product unbundling required for accurate revenue allocation
• Managing the consequences of complex revenue recognition accounting policies for IFRS compliance

John Edwards
Partner
KPMG UK

Improving the disclosure of accounting policies on revenue recognition to ensure IFRS compliance

• Addressing practical recognition issues that arise from the revenue generated from the sale of products and services
• Compound transactions – splitting revenue between different components (IAS 18)
• Reviewing the IASB / FASB revenue recognition project as a tool to facilitate IFRS compliance

Chris Arnold
Consultant to Orange

The role of commissions in developing an effective sales team

• What sales team do you want? – examining the different motivators of sales people
• Aligning commissions with corporate objectives
• Developing commissions to create an effective sales team

Tiina Hanhunen
Department Director for Revenue Assurance
TELIASONERA

The impact of Sarbanes Oxley compliance on Revenue Assurance

• Managing risk in the regulatory environment and assessing compliance risks and undertaking reviews
• The real benefits of demonstrable and provable compliance
• Creating, maintaining and managing communication under compliance processes between the operator and regulator

Registration

Alan Teixeira
Senior Project Manager
INTERNATIONAL ACCOUNTING AND STANDARDS BOARD

1. Applying IFRS to achieve high quality comparable financial statements

Grazyna Kulikowska
Chief Accountant and Department Director
POLSKA TELEFONIA CYFROWA

2.  The accounting treatment for property, plant and equipment

Terje Kløvås
Head of Business Development, Telenor Key Partner
TELENOR

3.  Evaluating off-shoring remedies and how to design sustainable shared service support centres

(Awaiting Final Confirmation)

5. Meeting the challenges of IFRS 7

Roundtable Leaders

Roundtable Leader summary session

• A discussion and summary of the main points covered and the outcomes from the roundtable session leaders

David Phillips
Senior Corporate Reporting PartneR
PRICEWATERHOUSE COOPERS

The importance of non-financial reporting

• Understanding market expectations
• Seeing reporting as a competitive tool
• Best practice – how do you measure up?

Terje Kløvås
Head of Business Development, Telenor Key Partner
TELENOR

Evaluating off-shoring remedies and how to design sustainable shared service support centres

• Assessing the drivers behind the telcos off-shoring of operational expertise and business processes
• Reviewing the financial and operational implications of the migratory trends of the off-shoring model
• Justifying off-shoring models by increasing focus on the fundamentals of the business to drive revenue