Financial Oversight

Mutual Fund Accounting &

Washington, DC 20005
Suite 1150
Mutual Fund Accounting &
Permit No. 3070
1501 M Street NW
Financial Oversight
PAID
U.S. Postage
Organization
Nonprofit

Basic Program
What Every Director Needs to Know
October 5 – Washington DC

Advanced Program
Complex Financial Oversight Issues
October 15 – Chicago
November 10 – New York
December 9 – Boston

Mutual Fund Accounting &

Financial Oversight

Basic Program
What Every Director Needs to Know These Forum programs are hosted by the “Big Four”
accounting firms:
October 5 – Washington DC
Deloitte & Touche LLP
Advanced Program Ernst & Young LLP
Complex Financial Oversight Issues KPMG LLP
October 15 – Chicago PricewaterhouseCoopers LLP
November 10 – New York
December 9 – Boston
 What Every Director Needs to Know
Monday, October 5, Washington, DC (Hosted by KPMG LLP)
Audit Committee Responsibilities and Governance
The challenging market conditions of the previous year
illustrate how the role of mutual fund audit committees is
continually evolving. Representatives from Pricewater-
houseCoopers will discuss these current developments
and their potential effects on audit committees, and will
Basic Program
present practical suggestions for audit committee members
to effectively administer their responsibilities in overseeing
financial reporting, risk management, internal controls,
and compliance.
Third Party Service Providers and Directors’ Guide
to Internal Controls
Mutual fund audit committees have a unique role in the
oversight of service providers. Representatives from
Deloitte & Touche will discuss how audit committee
members can effectively oversee internal control
requirements, providing an overview of key risks, questions
directors should ask, and reports that reinforce the
internal control environment.
Complex Financial Oversight Issues
Thursday, October 15, Chicago, IL (Hosted by PricewaterhouseCoopers LLP)
Tuesday, November 10, New York, NY (Hosted by Ernst & Young LLP)
Wednesday, December 9, Boston, MA (Hosted by Deloitte & Touche LLP)
Financial Reporting Issues Related to Money
Market Funds
Representatives from KPMG will discuss accounting and
financial reporting issues associated with money market
Advanced Program
mutual funds, including:
• Regulatory changes facing money market funds;
• Board oversight considerations;
• Capital support agreements; and
• Other financial reporting issues.
Accounting and Financial Reporting Issues
Associated with Valuation
Representatives from Deloitte & Touche will discuss key
topics with respect to fund valuation issues such as:
• FAS 157 and how the most current fair valuation
guidance affects funds and their directors;
• The valuation of, and accounting treatment for, complex
instruments;
• Effectively addressing difficult valuation issues; and
• New disclosure requirements.
United States Federal Tax Compliance Considerations
Mutual fund directors should have a basic understanding of
federal tax issues that affect mutual funds. Representatives
from KPMG will discuss key tax aspects of mutual fund
operations and provide guidance to help directors effectively
evaluate a fund’s tax decisions, and explain tax implications
of recent market events.
Directors’ Guide to Financial Reporting and the
Annual Audit
Understanding the preparation and structure of financial
statements is a critical element of an audit committee’s
oversight responsibilities. Representatives from Ernst &
Young will discuss techniques for reviewing the key risks
and SEC concerns relevant to fund financial statements,
provide an overview on what to expect during the annual
audit, and share information that will help fund boards and
audit committees oversee the process more effectively.
FASB and SEC Accounting Update
Representatives from Ernst & Young will provide a practical
update of key accounting issues at the SEC and the
FASB, including:
• Accounting and financial reporting issues confronting
funds after the global financial crisis;
• The transition to International Financial Reporting
Standards (IFRS);
• The FASB’s "Disclosure Framework" project; and
• Recent SEC guidance and releases.
Current Issues Surrounding Internal Controls and
SEC Compliance
Representatives from PricewaterhouseCoopers will
discuss current internal control issues such as:
• The current environment and recent developments that
will require the industry to continue to invest in risk
management and internal controls;
• Practices that mutual fund directors may want to
consider to enhance their oversight of risk management,
internal controls, and compliance; and
• Changes to mutual fund and investment advisor
regulations and the resulting expectations of regulators.
Mutual Fund Accounting and Financial Oversight
 
MFDF Members $350 Non-Members $700
Basic Program Advanced Program
What Every Director Needs to Know Complex Financial Oversight Issues
This one day introductory workshop will offer This advanced, one day program will provide
practical guidance to help in the basic more in-depth information about sophisticated
understanding of directors’ accounting oversight accounting issues facing directors.

responsibilities.
October 15, Chicago
 October 5, Washington DC  November 10, New York
 December 9, Boston
Registration
Mr. / Ms. / Mrs. / Dr. Name ___________________________________________________________________________________
Fund Affiliation (if applicable) ________________________________________________________________________________
This is my:  Home  Business
Address: _________________________________________________________________________________________________
City ____________________________________________ State ________________ Zip ________________________________
Phone __________________________________________ Fax ____________________________________________________
Email ___________________________________________________________________________________________________
Payment
Amount Paid:
Please Make Checks Payable to: The Mutual Fund Directors Forum
$
If Paying by Credit Card:  AmEx  Visa  MasterCard
Card Number ________________________________________________________ Exp. date ____________________________
Cardholder Name _________________________________________________________________________________________
Billing Address ___________________________________________________________________________________________
City ____________________________________________ State _______________________ Zip ________________________
Signature ____________________________________________________________________ Date _______________________
Individual session content may be modified to adapt to the changing business climate; however, the program’s focus on
fundamental concepts and issues identified in the program overview will be retained.
Please mail your registration with payment to MFDF:
1501 M Street NW, Suite 1150
Washington, DC 20005
Or FAX to (202) 507-4489
MUTUAL FUND DIRECTORS FORUM • www.mfdf.com
 What Every Director Needs to Know
Monday, October 5, Washington, DC (Hosted by KPMG LLP)
Audit Committee Responsibilities and Governance
The challenging market conditions of the previous year
illustrate how the role of mutual fund audit committees is
continually evolving. Representatives from Pricewater-
houseCoopers will discuss these current developments
and their potential effects on audit committees, and will
Basic Program
present practical suggestions for audit committee members
to effectively administer their responsibilities in overseeing
financial reporting, risk management, internal controls,
and compliance.
Third Party Service Providers and Directors’ Guide
to Internal Controls
Mutual fund audit committees have a unique role in the
oversight of service providers. Representatives from
Deloitte & Touche will discuss how audit committee
members can effectively oversee internal control
requirements, providing an overview of key risks, questions
directors should ask, and reports that reinforce the
internal control environment.
Complex Financial Oversight Issues
Thursday, October 15, Chicago, IL (Hosted by PricewaterhouseCoopers LLP)
Tuesday, November 10, New York, NY (Hosted by Ernst & Young LLP)
Wednesday, December 9, Boston, MA (Hosted by Deloitte & Touche LLP)
Financial Reporting Issues Related to Money
Market Funds
Representatives from KPMG will discuss accounting and
financial reporting issues associated with money market
Advanced Program
mutual funds, including:
• Regulatory changes facing money market funds;
• Board oversight considerations;
• Capital support agreements; and
• Other financial reporting issues.
Accounting and Financial Reporting Issues
Associated with Valuation
Representatives from Deloitte & Touche will discuss key
topics with respect to fund valuation issues such as:
• FAS 157 and how the most current fair valuation
guidance affects funds and their directors;
• The valuation of, and accounting treatment for, complex
instruments;
• Effectively addressing difficult valuation issues; and
• New disclosure requirements.
United States Federal Tax Compliance Considerations
Mutual fund directors should have a basic understanding of
federal tax issues that affect mutual funds. Representatives
from KPMG will discuss key tax aspects of mutual fund
operations and provide guidance to help directors effectively
evaluate a fund’s tax decisions, and explain tax implications
of recent market events.
Directors’ Guide to Financial Reporting and the
Annual Audit
Understanding the preparation and structure of financial
statements is a critical element of an audit committee’s
oversight responsibilities. Representatives from Ernst &
Young will discuss techniques for reviewing the key risks
and SEC concerns relevant to fund financial statements,
provide an overview on what to expect during the annual
audit, and share information that will help fund boards and
audit committees oversee the process more effectively.
FASB and SEC Accounting Update
Representatives from Ernst & Young will provide a practical
update of key accounting issues at the SEC and the
FASB, including:
• Accounting and financial reporting issues confronting
funds after the global financial crisis;
• The transition to International Financial Reporting
Standards (IFRS);
• The FASB’s "Disclosure Framework" project; and
• Recent SEC guidance and releases.
Current Issues Surrounding Internal Controls and
SEC Compliance
Representatives from PricewaterhouseCoopers will
discuss current internal control issues such as:
• The current environment and recent developments that
will require the industry to continue to invest in risk
management and internal controls;
• Practices that mutual fund directors may want to
consider to enhance their oversight of risk management,
internal controls, and compliance; and
• Changes to mutual fund and investment advisor
regulations and the resulting expectations of regulators.
Mutual Fund Accounting and Financial Oversight
 
MFDF Members $350 Non-Members $700
Basic Program Advanced Program
What Every Director Needs to Know Complex Financial Oversight Issues
This one day introductory workshop will offer This advanced, one day program will provide
practical guidance to help in the basic more in-depth information about sophisticated
understanding of directors’ accounting oversight accounting issues facing directors.

responsibilities.
October 15, Chicago
 October 5, Washington DC  November 10, New York
 December 9, Boston
Registration
Mr. / Ms. / Mrs. / Dr. Name ___________________________________________________________________________________
Fund Affiliation (if applicable) ________________________________________________________________________________
This is my:  Home  Business
Address: _________________________________________________________________________________________________
City ____________________________________________ State ________________ Zip ________________________________
Phone __________________________________________ Fax ____________________________________________________
Email ___________________________________________________________________________________________________
Payment
Amount Paid:
Please Make Checks Payable to: The Mutual Fund Directors Forum
$
If Paying by Credit Card:  AmEx  Visa  MasterCard
Card Number ________________________________________________________ Exp. date ____________________________
Cardholder Name _________________________________________________________________________________________
Billing Address ___________________________________________________________________________________________
City ____________________________________________ State _______________________ Zip ________________________
Signature ____________________________________________________________________ Date _______________________
Individual session content may be modified to adapt to the changing business climate; however, the program’s focus on
fundamental concepts and issues identified in the program overview will be retained.
Please mail your registration with payment to MFDF:
1501 M Street NW, Suite 1150
Washington, DC 20005
Or FAX to (202) 507-4489
MUTUAL FUND DIRECTORS FORUM • www.mfdf.com