[Federal Register Volume 61, Number 53 (Monday, March 18, 1996)]
[Notices]
[Page 11070]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-6319]



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SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-36957; File No. 4-388]


Symposium on Intangible Assets

AGENCY: Securities and Exchange Commission.

ACTION: Notice of symposium participants.

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SUMMARY: In Release No. 34-36892 (61 FR 8313 March 4, 1996) the 
Securities and Exchange Commission (``Commission'') announced that it 
would hold a symposium on issues related to the financial accounting 
and reporting of intangible assets. In connection with that 
announcement, the Commission is publishing notice of the participants 
in the symposium.

DATES: The symposium will be held on Thursday, April 11, 1996 from 1:00 
p.m. to 5:30 p.m., and on Friday, April 12, 1996 from 9:00 a.m. to 4:30 
p.m.

ADDRESSES: The symposium will take place in Room 1C-30 at the 
Securities and Exchange Commission, 450 Fifth Street NW., Washington, 
D.C. 20549.

FOR FURTHER INFORMATION CONTACT: The symposium is open to the public. 
Members of the public planning to attend the symposium are encouraged 
to contact Terry Warfield at (202) 942-4400 or Andre Owens at (202) 
942-0800.

I. Introduction

    The symposium will consist of various panels that will address such 
topics as the nature and types of intangible assets, including 
intellectual property, human capital, research and development, 
software and related items. Discussion at the symposium also will 
center upon the types of companies that utilize intangible assets, the 
importance of disclosure relating to these assets from the perspective 
of investors and other users of financial reporting, and the sources of 
information relating to intangible assets. Invited panelists also will 
discuss issues related to the measurement of intangible assets by 
preparers of financial reports, concerns about disclosures related to 
intangible assets, academic research pertaining to such assets, and the 
experience of U.S. and foreign standards setters with regard to 
accounting and disclosure of intangible assets. The symposium will 
conclude with a general discussion of issues raised by the various 
panels and measures that might be taken to address these issues.

II. Participants in Symposium

    The participants in the symposium and the schedule for the panel 
discussions are:

Thursday, April 11, 1996
Plenary Speaker (1:15 p.m.-2:15 p.m.)
    [To be announced]
User Panel (2:15 p.m.-3:45 p.m.)
    Moderator: Patricia McQueen, Association for Investment Management 
and Research
    Lewis Alexander--Chief Economist, U.S. Department of Commerce
    John Bajkowski--Financial Analyst, American Association of 
Individual Investors
    J. J. Jelincic--Investment Officer, CALPERS
    James F. Morgan--Partner, OneLiberty Ventures (National Venture 
Capital Association)
    I. Rossa O'Reilly, CFA--Vice Chair, Wood Gundy, Inc.
    Gerald White, CFA--Grace & White, Inc.
Preparer Panel (4:00 p.m.-5:30 p.m.)
    Moderator: Jonathan Low, Deputy Assistant Secretary for Work and 
Technology Policy--U.S. Department of Labor.
    Michael Brown--Chief Financial Officer, Microsoft Corporation
    Leif Edvinsson--Vice President and Director of Intellectual 
Capital, Skandia AFS
    Gordon Petrash--Global Director of Intellectual Assets & Capital, 
The Dow Chemical Company
    Jonathan Southern--Director of Accounting, Grand Metropolitan Plc.

Friday, April 12, 1996

Accounting and Reporting Research Panel (9:00 a.m.-10:30 a.m.)
    Moderator: Professor John Elliott, Associate Dean, Johnson School 
of Management, Cornell University
    Professor Paul Healy--Sloan School of Business, Massachusetts 
Institute of Technology
    Professor David Larcker--Wharton School of Business, University of 
Pennsylvania
    Professor Baruch Lev--Stern School of Business, New York University
Standard-Setting Panel (10:30 a.m.-12:00 p.m.)
    Moderator: Michael H. Sutton, Chief Accountant--U.S. Securities and 
Exchange Commission
    Dennis R. Beresford--Chairman, Financial Accounting Standards Board
    Michael Crooch--AICPA Accounting Standards Committee
    James Salomon--Chief Accountant, Ontario Securities Commission
``Where from Here'' Panel (2:00 p.m.-4:30 p.m.)
    Moderator: Steven M. H. Wallman, Commissioner--U.S. Securities and 
Exchange Commission
    Dennis R. Beresford--Chairman, Financial Accounting Standards Board
    Michael Brown--Chief Financial Officer, Microsoft Corporation
    Leif Edvinsson--Vice President and Director of Intellectual 
Capital, Skandia AFS
    Dr. George N. Hatsopoulos--Chairman & President, Thermo Electron 
Corporation
    Professor Baruch Lev--Stern School of Business, New York University
    Gerald White, CFA--Grace & White, Inc.
    Michael H. Sutton--Chief Accountant, U.S. Securities and Exchange 
Commission.

    Dated: March 12, 1996.
Jonathan G. Katz,
Secretary.
[FR Doc. 96-6319 Filed 3-15-96; 8:45 am]
BILLING CODE 8010-01-M