TEI sets education calendar.

• Position: Conference news - Calendar

Tax Executives Institute has released its calendar of events through Summer 2010. According to the 2009-2010 chair of TEI's Continuing Education Committee, Paul O'Connor of the New England Chapter, "The Institute will offer seminars on financial reporting, international tax planning and compliance, and of course, our Annual and Midyear Conferences and week-long tax courses on federal, international, and state and local taxes." The schedule will be supplemented with webconferences and telephone seminars on late-breaking topics, as needed, he noted.

"Dollar for dollar, minute by minute, TEI's educational programs offer the best value for a company's limited training dollars," Mr. O'Connor said. "Other providers try to mimic our formula for success, but their prices are invariably higher and only TEI can call upon a diverse pool of talented professionals from its own ranks and the best and the brightest from major accounting, law, and consulting firms. And only TEI can offer provide its members with local, national, and global networking opportunities." Acknowledging that the economic downturn has led to cutbacks in corporate travel and training budgets, Mr. O'Connor added, "Challenging times call for creative solutions, and the recession has caused TEI to focus more on building its brand, locally and nationally, and of listening even more carefully to what our members want and need. Our programs offer such a rich array of educational and networking opportunities that we stand out from the crowd of CPE and CLE vendors, drawing a better share of the market than most."

TEI's popular Financial Reporting Seminar will return to Chicago on September 24-25. "Although most companies are reasonable comfortable with their processes for accounting for uncertain income tax positions under FIN 48," Mr. O'Connor explained, "the potential convergence of U.S. GAAP with International Financial Reporting Standards, however, has created a new wave of uncertainty." Noting that the International Accounting Standards Board has released an exposure draft of a revision to its income tax accounting standard under IAS 12, Mr. O'Connor said, "The goal of the IASB and FASB is to produce a single set of quality reporting standards, but the ways and means of doing so will require careful attention from tax executives so they can advise management on the transitional implications as well as the final standards."

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