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Ernst & Young Monthly News September 2008

Events

September 2008

ISIS Seminar – Current issues in the taxation of private investments

(HTML, German)

September 8/9, 2008; Lausanne

Based on the latest developments in legislation, court practice, literature and administrative policy, this seminar focuses in depth on the main problems regarding taxation of private investments, namely investments in securities, real estate and in the context of retirement.

Occupational pension scheme managers’ conference

(HTML, German)

September 8–10, 2008; Ermatingen
September 10–12, 2008; Ermatingen

The seminars organized by the KGP (Konferenz der Geschäftsführer von Personalvorsorgeeinrichtungen) primarily target members of ASIP (Schweizerische Pensionskassenverband) whose fields of activity are directly related to occupational pensions. We would like to take this opportunity to remind you that these seminars benefit greatly from the experiences shared among their participants. Alongside the opportunity to update your specialist knowledge, therefore, great importance is placed on the group discussions. Exchanging practical suggestions for solving upcoming challenges in occupational pensions therefore requires a certain level of familiarity with the subject. We would ask you to bear this in mind when registering for these seminars.

VAT à la carte®

(HTML, German)

September 9, 2008; Zurich

Topic: VAT in the financial sector

Global Investment Performance Standards (GIPS) Introductory Seminar

(HTML, German, French)

September 9, 2008; Zurich

This one-day workshop is particularly aimed at beginners in the field of Global Investment Performance Standards (GIPS) for banks and asset managers. Introductory presentations by proven experts, together with practical exercises with case studies will provide the participants with the necessary basics in the core areas of GIPS standards in a concise format.

Corporate governance: A land to be conquered by HR

(HTML, French)

September 9, 2008; Lausanne

Human Resources assumes the dual roles of collector and forwarder of information from and to shareholders. Ideally located at the intersection between company departments, HR has an enormous amount of information at its disposal in relation to the strength of corporate culture, employee motivation and skill set reserves.

VAT à la carte®

(HTML, French)

September 10, 2008; Lugano (in Italian)

Topic: VAT and public institutions

Risk Assessment and Risk Management – New Challenges for Members of Board of Directors and Management

(PDF, German, 490 kB)

September 12, 2008; Zurich

The existential importance of effective risk management for companies is in the spotlight again, this time because of the credit crisis. In addition, new statutory provisions in Switzerland require, as of this year, that the notes to annual financial statements of public limited companies contain a report on risk assessment. The following topics will be discussed:

  • What are the minimum risk assessment and risk management requirements with which all Swiss companies must comply?
  • What issues require particular attention when managing certain risk categories such as financial or tax risks?
  • How can risk management be effectively implemented in companies?

2008 CACP Seminar

(HTML, French)

September 15–19, 2008; Leysin

The seminars will provide an insight into the following topics:

  • Overview of labor laws
  • Subjects related to current developments in pensions, investments and accounting
  • Case law of the Federal Supreme Court

VAT à la carte®

(HTML, French)

September 16, 2008; Geneva

VAT in the financial sector

Investment Seminar

(HTML, German)

September 16, 2008; Wiesbaden

Information event entitled "Business Opportunities in Switzerland" conducted by LOCATION Switzerland – Zurich with specialists from the Ernst & Young Germany/Switzerland Competence Center.

Unternehmer Forum Schweiz: Seminar on Accounting and Auditing

(HTML, German)

September 17–19, 2008; Zurich

In-depth discussion on all audit-related topics, including limited and regular audits, auditing standards, ICS, audit planning, conducting audits, documentation, reporting, statements on excess debt, etc.

Risk Breakfast – Liquidity risk: has something changed?

(PDF, French, 307 kB)

September 18, 2008; Geneva

The current financial crisis has yet again demonstrated the importance of liquidity to the functioning of financial markets and the banking system. It has shown how rapidly liquidity can evaporate and, above all, for how long its absence can persist. We will be looking not only at the regulatory aspect of liquidity risk management, but also at the steps that have to be taken to set it up properly: identification, suitable measures and relevant indicators, the analysis of various probable scenarios and backtesting. We have identified the questions that risk managers and management in general have to ask themselves in this new situation.

6th annual Euroforum meeting – occupational pensions 2008

(HTML, German)

September 23, 2008; Zurich

Main topics:

  • Current economic developments
  • Asset liability management – investment strategy
  • Several firsthand reports from important providers and responsible companies
  • Risk assessment and pension security
  • Pension fund governance
  • Association and federal perspective

Swiss Holdings Symposium: IFRS – Challenges for Publicly-traded Companies

(HTML, German)

September 23, 2008; Zurich

The rising standards for financial reporting present a big challenge for publicly-traded companies. On the agenda are the most important developments in International Financial Reporting Standards (IFRS): business combinations, pension accounting and financial instruments disclosures.

ISIS Seminar – Tax legislation for corporate groups: Internal control systems in taxation

(HTML, German)

September 23, 2008; Zurich

Presentations and panel discussion. Participants will receive detailed seminar documentation on the day of the seminar itself.

VAT à la carte®

(HTML, German)

September 24, 2008; Berne

Topic: VAT in real estate/construction

VAT à la carte®

(HTML, French)

September 24, 2008; Lausanne

VAT in Europe, import/export

VAT à la carte®

(HTML, German)

September 25, 2008; Berne

Topic: VAT and services

2008 CACP Seminar

(HTML, French)

September 29 until October 3, 2008; Leysin

The seminars will provide an insight into the following topics:

  • Overview of labor laws
  • Subjects related to current developments in pensions, investments and accounting
  • Case law of the Federal Supreme Court

VAT à la carte®

(HTML, French)

September 30, 2008; Geneva

VAT in national and international corporate groups

 

October 2008

Seminar held by VEB: Accounting Standards: The New Code of Obligations!

(HTML, German)

October 2, 2008; Zurich

Information on planned amendments to the Code of Obligations.

Expatriation of Employees Abroad: How to Prepare for This? What are the Pitfalls to Avoid?

(HTML, French)

October 2, 2008; Prangins

The seminar will deal with various problems relating to the expatriation of employees.

VAT à la carte®

(HTML, German)

October 8, 2008; Zurich

Topic: VAT in the EU/import/export part II including Customs

Unternehmer Forum refresher course on trusteeships, VAT and tax legislation

(HTML, German)

October 21/22, 2008; Pfäffikon SZ

By attending the refresher course you will have all the latest information and will receive practical instruction about the most important changes to revised publications.

ZfU Seminar: Finances and Controlling for Non-financial Experts

(HTML, German)

October 21–24, 2008; Zurich

The language of the company is the figures relating to financial and operational accounting. With increasing responsibility for the performance of independent business areas or whole units of companies, it is becoming more and more important for managers to recognize the financial and operational interconnections and to understand this language.

Real estate investments: Developments in the areas of accounting, valuation and taxes.

(HTML, German)

October 22, 2008; Zurich

This seminar is geared toward auditors, appraisal experts, and accounting and controlling officers of real estate companies or companies with real estate investments. The topics discussed will include:

  • Overview of the status of IFRS at European real estate companies
  • Developments in IFRS and Swiss GAAP ARR accounting; particular focus on the changes to IFRS due to be introduced on January 1, 2009
  • Real estate valuation methods according to IFRS and Swiss GAAP ARR
  • New developments in the way real estate and real estate companies are taxed (current and deferred taxes)
  • International acquisition structures

Investment Seminar

(HTML, German)

October 28, 2008; Berlin

Information event entitled "Business Opportunities in Switzerland" conducted by LOCATION Switzerland – Zurich with specialists from the Ernst & Young Germany/Switzerland Competence Center.

ZfU Competence Center: International Financial Reporting Standards (IFRS/IAS)
Practical application of International Financial Reporting Standards

(HTML, German)

October 29–31, 2008; Zurich

The majority of companies listed on the Swiss stock exchange currently use International Financial Reporting Standards (IFRS). Since January 1, 2005, all companies listed on an EU exchange have been obliged to draw up their balance sheets in accordance with IFRS. However, even mid-sized companies who are not listed on any stock exchange but are looking for investors, require credit or work with international corporate groups are coming under pressure to change over to IFRS.

Valuation Seminar

(HTML, English)

October 31, 2008; Zurich

The valuation of a business or certain assets thereof is a core competency of all Corporate Finance Departments or Business Development Divisions. This conference covers the procedures and methodologies used in the valuation of companies. The application of illustrative examples throughout this seminar will further deepen your knowledge in valuing a business.

Unternehmer Forum Schweiz: Auditing Symposium

(HTML, German)

October 31, 2008; Zurich

Current topics in auditing – presented by renowned audit experts.

 

November 2008

VPS Impulses

(HTML, German)

November 4, 2008; Zurich

VPS Impulses is a series of seminars organized by the VPS Verlag. These events always take place at the beginning of November. They focus on current issues and questions posed by practitioners and provide ideas for implementation. Run by the VPS Verlag, the “VPS Impulses” series of seminars is designed to support understanding of individual responsibility for occupational pensions. This seminar is aimed at pension fund managers, auditors, pension fund experts, actuaries and all other individuals who support trustees and heads of pension funds in the execution of their management responsibilities.

ZKB Training Cycle for Pension Funds

(HTML, German)

November 12, 2008; Zurich

The ZKB Training Cycle for Pension Funds includes a basic seminar, a more in-depth seminar, and a practical seminar. The modular structure of our courses enables you to select the elements relevant to you from all our training schemes and to find the best way of structuring your own training program.

VAT à la carte®

(HTML, French)

November 12, 2008; Lugano (in Italian)

VAT and services

Unternehmer Forum refresher course on trusteeships, VAT and tax legislation

(HTML, German)

November 13/14, 2008; Lucerne

By attending the refresher course you will have all the latest information and will receive practical instruction about the most important changes to revised publications.

Seminar: Purchase Price Allocation, Impairment Testing and IFRS 3 Revised

(HTML, English)

November 14, 2008; Zurich

IFRS and US GAAP rules increasing require that fair market values be ascertained using recognized valuation methods. Topics of the seminar are the procedure and valuation methods used to carry out purchase price allocation. In addition, a focus will be a discussion of reforms under the revised IFRS 3. The most important elements of impairment testing will also be discussed.

ZfU seminar: Tax havens and offshore structures
Opportunities and risks of international tax optimization

(HTML, German)

November 18/19, 2008; Pfäffikon SZ

Tax havens have come under heavy fire from critics and are under pressure due to the tax structuring opportunities they offer. At this seminar you can find out about the latest developments regarding global tax havens and learn the correct and sensible way to set up and use offshore structures.

Chamber seminar – BVG auditing Current issues with the auditing of occupational pensions schemes

(HTML, German)

November 20, 2008; Zurich

This seminar aims to use practical issues and current topics from the auditing and advisory field in relation to occupational pension schemes as means of deepening the knowledge of those who audit them and to enable us to establish a common position on major accounting, auditing and reporting issues. The topics will be addressed in presentations and discussions, with reference to current practice.

Swiss Institute of Certified Accountants and Tax Consultants Seminar: Reforms relating to Regular Audits

(PDF, German, 195 kB)

November 27, 2008; Zurich

The seminar will provide an overview of the theoretical reforms relating to audits that will come about for the practice of regular audits as a result of the implementation of the new legislation on audits.

VAT à la carte®

(HTML, French)

November 27, 2008; Geneva

VAT and Customs (training in English)

Investment Seminar

(HTML, German)

November 27, 2008; Munich

Information event entitled "Business Opportunities in Switzerland" conducted by LOCATION Switzerland – Zurich with specialists from the Ernst & Young Germany/Switzerland Competence Center.

Valuation Seminar

(HTML, English)

November 28, 2008; Basle

The valuation of a business or certain assets thereof is a core competency of all Corporate Finance Departments or Business Development Divisions. This conference covers the procedures and methodologies used in the valuation of companies. The application of illustrative examples throughout this seminar will further deepen your knowledge in valuing a business.

 

December 2008

Swiss Institute of Certified Accountants and Tax Consultants Seminar: Reforms relating to Regular Audits

(PDF, German, 195 kB)

December 4, 2008; Zurich

When it comes into force, the new legislation on audits will affect the practise of regular audits; this seminar will provide an overview of the ways in which it reforms audit theory.

 

2009

Match

(HTML, German)

January 6/7 and 8/9, 2009; Lucerne

Rekrutierungscamp für Studentinnen und Studenten, die einen optimalen Berufseinstieg in die Wirtschaftsprüfung suchen.

ZfU seminar: Holding companies
Management - legislation - taxation

(HTML, German)

March 3/4, 2009; Pfäffikon SZ

The dynamic nature of the markets and tax burdens mean that company structures need to be optimized and adjusted on a continual basis. Holding companies currently offer the greatest flexibility for efficient corporate structuring, particularly for companies that operate at an international level. Holding structures are suited both to large and mid-sized organizations.

Valuation Seminar

(HTML, English)

March 13, 2009; Geneva

The valuation of a business or certain assets thereof is a core competency of all Corporate Finance Departments or Business Development Divisions. This conference covers the procedures and methodologies used in the valuation of companies. The application of illustrative examples throughout this seminar will further deepen your knowledge in valuing a business.

Advanced Valuation

(HTML, English)

March 27, 2009; Zurich

The focus of the seminar will be on special issues relating to valuation. Practical real-life examples will be used to help eliminate weak areas in valuation and to show any potential room for interpretation.

Financial Modelling and Simulation

(HTML, English)

April 17, 2009; Zurich

How can financial and simulation models be structured so as to be clear, concise, and able to best support any business decisions? During this day-long course, an integrated case study from the corporate valuation area will be used to provide the methodical basics which are highly useful for structuring and reviewing financial models.

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