Thursday, November 30, 2006
3:30 – 5:30 p.m.
Presentation Reception to follow
One James Center
901 East Cary Street, 2nd Floor
Richmond, VA 23219
Recent changes in SEC reporting and PCAOB auditing standards, combined with increased SOX disclosures, are putting significant pressure on attorney-client privilege. The advent of FIN 48 and its mandatory disclosure requirement is the latest example of these new rules. Companies now face an increasing danger that presumably confidential evaluations of tax and legal risks in business and M&A transactions will be disclosed to third parties and used against them in audit or litigation.
We invite in-house tax counsel, tax directors, and other guests to join us as we:
summarize the current enforcement environment;
review attorney-client and work product doctrines as they apply to tax and financial reporting communications; and
describe strategies for establishing appropriate “privilege controls” to protect these communications, including revisions to SOX 404 controls for FIN 48 disclosures.
Thomas E. Spahn, McGuireWoods LLP
Robert G. McElroy, McGuireWoods LLP
Michel P. Cassier, McGuireWoods LLP
We encourage you to register online or contact Doris Cole at 804.775.7741 or [email protected] by Wednesday, November 22. Please mark your calendar and plan to join us.