2014 Tax and Accounting Conference
September 28–October 1, 2014
JW Marriott Desert Ridge Resort and Spa
Phoenix, Arizona

Final Program 

SUNDAY, SEPTEMBER 28 

4:00–7:00 p.m. 

Registration and Reception 

MONDAY, SEPTEMBER 29 

7:00–9:00 a.m. 

Registration and Continental Breakfast 

8:30–8:35 a.m. 

Welcoming Remarks

Gregory K. Hinkle 
Vice President and Treasurer 
T. Rowe Price
Chair, ICI Tax Committee 

8:35–9:05 a.m. 

Keynote Address

Troy A. Paredes 
Senior Strategy and Policy Advisor 
PwC 
Former SEC Commissioner 

9:05–10:35 a.m. 

Current Mutual Fund/SEC Accounting Issues 

• AICPA investment companies expert panel update 
• FASB agenda 
• SEC accounting and disclosure issues 

Brian W. Wixted, Moderator 
Senior Vice President and Treasurer 
Oppenheimer Funds 
Chair, ICI Accounting/Treasurers Committee 

Jaime Eichen
Chief Accountant
Division of Investment Management
U.S. Securities and Exchange Commission

Matthew Esposito
Assistant Director
Financial Accounting Standards Board

Brent Oswald
Partner
KPMG
Chair, AICPA Investment Companies Expert Panel

10:35–11:00 a.m. 

Break 

11:00 a.m.–12:30 p.m. 

Concurrent Session A: Current Tax Developments 

• Money market reform tax issues 
• State tax issues 
• Other federal regulatory developments 

Karen Gibian, Moderator 
Associate Counsel 
Investment Company Institute 

Jennifer Flynn
Director of Mutual Fund Tax
Eaton Vance 

Michael Novey
Associate Tax Legislative Counsel
U.S. Department of the Treasury

Joseph Riley
Tax Partner
Willkie Farr and Gallagher

Jane Steinmetz
Partner
Ernst & Young

11:00 a.m.–12:30 p.m. 

Concurrent Session B: Security Valuation and Audit Considerations

• Management’s responsibility for third-party valuations 
• PCAOB findings and changes to audit programs 
• Current regulatory perspectives 

Joe Kauten, Moderator 
Treasurer 
Waddell & Reed and Ivy Funds 

Jay G. Baris
Partner
Morrison & Foerster LLP

Unmesh Bhide
Managing Director
J.P. Morgan

Paul Kraft
Partner
Deloitte

Jessica Seidlitz
Managing Director
Charles Schwab Investment Management

12:30–12:55 p.m. 

Break 

12:55–2:30 p.m. 

Concurrent Session C: Vendor Oversight 

• Oversight of service providers 
• Benefits and risks of automation 
• Conversion to new provider 

Sheri Steward Morris, Moderator
Invesco Funds CFO & Head of US Fund Administration
Invesco, Ltd

Shawn Correia
Vice President
PIMCO Funds

Nancy Grady
Senior Vice President
NA Practice Head Fund Accounting/Administration
Northern Trust

Gerry Healy
Principal
Beacon Consulting Group, Inc.

Craig Wright
Accounting Manager
Dimensional Fund Advisors

12:55–2:30 p.m. 

Concurrent Session D: Regulatory Update 

• Money market funds 
• CFTC/NFA reporting 
• SEC enhanced long-term fund reporting 
• FSOC consideration of asset management 

Rachel H. Graham, Moderator 
Senior Associate Counsel, Securities Regulation 
Investment Company Institute 

James Brewster
Vice President
State Street Bank & Trust

Jeffrey Coleman
Managing Director
BofA Global Capital Management

Tracey Hunt
Associate Director, Compliance
National Futures Association

Matt Giordano
Assistant Chief Accountant
Division of Investment Management
U.S. Securities and Exchange Commission

6:00–9:00 p.m. 

Conference Reception 

TUESDAY, SEPTEMBER 30 

7:30–8:30 a.m. 

Continental Breakfast 

8:30–9:30 a.m. 

Keynote Address

Ron Insana 
Award-Winning Journalist, Financial Analyst, Commentator, and Author 
Former Anchor of CNBC’s Street Signs

9:30–11:00 a.m. 

International Investing 

• EU reclaims 
• Treaty withholding issues 
• Financial transaction taxes 

Ryan Lovin, Moderator 
Assistant Counsel 
Investment Company Institute 

Jonathan Davis
Vice President
Fidelity Investments

Laura Fergerson
Senior Vice President
Franklin Templeton Investments

Deanna Flores
National Tax Industry Leader, Registered Funds
KPMG

Maria Gurevich
Vice President, Global Tax Services
Brown Brothers Harriman

11:00–11:25 a.m. 

Break 

11:25 a.m.–12:55 p.m. 

Concurrent Session E: OECD Initiatives 

• BEPS initiatives 
• Common reporting standard for automatic exchange of information 
• Treaty relief and compliance enhancement 

Keith Lawson, Moderator 
Senior Counsel 
Investment Company Institute 

Grace Perez-Navarro
Deputy Director
Center for Tax Policy Administration
Organisation for Economic Co-operation and Development

Michael Plowgian
Principal
KPMG

Nicole Primmer
Senior Policy Manager
BIAC

Gwen Shaneyfelt
Senior Vice President
Global Accounting and Tax
Franklin Templeton Investments

11:25 a.m.–12:55 p.m. 

Concurrent Session F: Financial Reporting 

• Disclosures about offsetting assets and liabilities  
• Transfers and servicing: dollar rolls, securities lending  
• Accounting and disclosure issues associated with swaps 

Megan Miller, Moderator 
Director 
BlackRock 

Liz Bayston
Director of Accounting Policy
MFS Investment Management

Alan Dupski
Assistant Chief Accountant
Division of Investment Management
U.S. Securities and Exchange Commission

Cathy Mathews
Vice President
T. Rowe Price Associates

Bill McManus
Vice President
State Street Bank and Trust

WEDNESDAY, OCTOBER 1 

7:30–8:30 a.m. 

Continental Breakfast 

8:00–9:30 a.m. 

Liquid Alternative Funds 

• Product overview 
• Service requirements 
• Accounting, tax, and administrative challenges 

Jay Nusblatt, Moderator 
Managing Director 
BNY Mellon Investment Servicing 

Deirdre Fortune
Partner
KPMG

Alison Fuller
Partner
Stradley Ronon

Michael Kardok
Senior Vice President and Treasurer
Natixis Global Asset Management

Roman Osidach
Director 
BlackRock

9:30–9:55 a.m. 

Break 

9:55–11:25 a.m. 

Board Perspectives 

• Independent director oversight of financial reporting, audit, and tax 
• PCAOB auditor reporting model proposal 
• Reporting to the board 

Sean McKee, Moderator 
National Audit Industry Leader, Asset Management 
KPMG 

Susan Austin
Independent Director
Prudential Annuity Funds

Michael Clark
Independent Director
Cohen & Steers Funds

Garry Moody
Independent Director
AllianceBernstein Funds

George Morriss
Independent Director
Neuberger Berman Funds

11:25 a.m. 

Conference Adjourns