The Sixth Annual Financial Reporting Conference provides a forum for interaction between business and accounting executives and policy setters from the U.S. Securities and Exchange Commission (SEC) and the Financial Accounting Standards Board (FASB). The event takes place on May 3, 2007, at Baruch College Vertical Campus, Room 14-220. Norman N. Strauss, Ernst and Young Executive Professor-in-Residence of Baruch College, moderates the conference. [Part I -- 63 min.] Introduction and Welcome Norman N. Strauss, Ernst and Young Executive Professor-in-Residence, Baruch College Kathleen M. Waldron, President, Baruch College Opening Remarks Robert Herz, Chairman, Financial Accounting Standards Board (FASB) Conrad Hewitt, Chief Accountant, Securities and Exchange Commission (SEC) [Part II -- 81 min.] Panel 1: Current Developments at the SEC James L. Kroeker, Deputy Chief Accountant, SEC Carol Stacey, Chief Accountant, Division of Corporation Finance, SEC Susan G. Markel, Chief Accountant, Division of Enforcement, SEC [Part III -- 81 min.] Panel 2: Current Private Sector Developments Leslie Seidman, Board Member, FASB James Johnson, Partner, Deloitte & Touche LLP, Member EITF Michael P. Cangemi, President and CEO, Financial Executive International (FEI) [Part IV -- 135 min.] Luncheon Address by Thomas Ray, Chief Auditor, Public Company Accounting Oversight Board (PCAOB), introduced by Masako Darrough, Professor and Chair of the Stan Ross Department of Accountancy Panel 3: Complexity in Financial Reporting Robert Herz, Chairman, FASB Greg Jonas, Managing Director, Moody's Investors Service Jan Hauser, PricewaterhouseCoopers LLP Scott Taub, Partner, Financial Reporting Advisors Robert Laux,Director of Financial Accounting and Reporting, Microsoft, Inc. [Part V -- 75 min.] Panel 4: Fair Value Implementation Leslie Seidman, Board Member, FASB Don Charles, Partner, Ernst & Young LLP James W. Barge, Senior Vice President and Controller, Time Warner Marc Northam, Partner, KPMG LLP Greg Jonas, Managing Director, Moody's Investors Service