Dialog to take place in Dallas this year, focus on IFRS convergence

Longview will be hosting its annual conference--Dialog--in the US this year. I guess they got tired of skiing in the Canadian rockies or have decided to target the US market more strongly as Dialog will be taking place at the Four Seasons in Los Colinas (Dallas), Texas in May.

One of the main thrusts will obviously be pitching/demo-ing Khalix 7. But sessions, and break-out sessions, will still be held around how to effectively manage your Khalix 3 Series (specifically the most recent pre-7 edition 3.55) instance.

As far as marketing, Longview has chosen to focus on a theme of "convergence," hoping to advocate upcoming tax changes in IFRS, GAAP and XBRL as a reason to jump to Khalix 7. As you may or may not know, accounting policy makers in the US and internationally, including Canada as an early adopter, have chosen to try to eliminate differences in tax standards among nations. Consequently, Canada has chosen to adopt IFRS standards as early as 2011 and the US is purportedly expected to head in that direction 2013-2015 with voluntary adoption for US registrants allowed as early as January 2009.

A quote from CA Magazine illustrates the change:

"Canada’s move means Japan and the US remain the only members of the G8 that haven’t adopted IFRS. The US continues tohold fast to its Financial Accounting Stan-dards Board rules-based standards that have been globally panned. However, the FASB and IASB are working closely to converge their standards where possible"

For Khalix, this means an opportunity to benefit from the tax environment by making the changes easier for companies utilizing Series 7.