Information for Better Markets Conference - Financial scandals: past, present and future

Organizer: 
The Institute of Chartered Accountants in England and Wales (ICAEW)
Dates: 
December 17, 2018 to December 18, 2018
Location: 
London, United Kingdom
Event Language: 
English

Event information

From the fall of the Medici Bank in the 15th Century to the financial crisis of 2008, the world has seen many financial scandals. Throughout history, a range of different responses have been employed in an effort to prevent these scandals. However, changes to financial reporting standards and reporting are increasingly becoming part of the solution – certainly the scale of the financial reporting response to the 2008 financial crisis would demonstrate this.

This conference will provide an opportunity to explore how we learn from financial scandals. We will consider what history tells us about the development of accounting in response to these events and where we are today – assessing the role of financial reporting regulation and corporate gatekeepers. Finally, in the light of these findings we turn to a current example and consider how reporting has been part of the response to public anger about tax avoidance.

Monday 17 December 2018

12:30 Registration and buffet lunch
13:50 Welcome and Introduction, Robert Hodgkinson, Conference Chairman, ICAEW

14:00

14:40

14:50

Financial scandals: a historical overview Steve Toms, Leeds University Business School

A Practitioner's View Gillian Tett, The Financial Times

Discussion

15:15 Refreshments

15:45

16:25

16:35

21st century scandals: the financial reporting consequences Kees Camfferman, VU University Amsterdam

A Practitioner's View Bridget Gandy, former co-head of EMEA financial institutions Group at Fitch Ratings

Discussion

17:00 Refreshments

17:30 

18:30

Practitioner Panel Session Pam Kaur, HSBC and Mark Rhys, Deloitte

Discussion

18:55 Announcements Robert Hodgkinson
19:00 Drinks Reception followed by Buffet Dinner

Tuesday 18 December 2018 

09:30

10:10

10:20

Gatekeepers: past, present and future John Coffee, Columbia Law School

A Practitioner's View

Discussion

10:45 Refreshments

11:15

11:55

Tax avoidance: is tax transparency the solution? Penelope Tuck, Birmingham University

A Practitioner's View Richard Murphy, Tax Research UK

12:05 Panel & Discussion
12:50 Conclusion and Close of Conference