Dayton D. Nordin, Principal Transaction Advisory Services, Ernst & Young to Speak at KC’s Event on Statement 157 Fair Value Accounting for Non Profits on 11/24/2008

New York, NY, October 15, 2008 --(PR.com)-- The Knowledge Congress, the leading producer of regulatory focused webinars announced today that Dayton D. Nordin, Principal Transaction Advisory Services - Valuation & Business Modeling of Ernst & Young will speak at the Knowledge Congress’ upcoming webinar entitled: “Statement 157 Fair Value Accounting for Non Profits”. This 2-hour event is scheduled on Monday, November 24, 2008 at 1:00 PM - 3:00 PM ET. (For further details of the event and an updated list of panelists, please visit: http://www.knowledgecongress.org/event_2008_S157NP.html)

Introduced in September 2006 for public companies, FAS No. 157 helped to more clearly define measuring fair value in GAAP and has also expanded fair value measurement disclosures. Recently, adoption in implementation of Statement No. 157 is starting to become a significant accounting issue for non-profit entities - and is on the radar of most in this sector.

The Knowledge Congress is assembling a panel of distinguished professionals and key regulators to help understand Statement No 157 for non-profits and its impact on the broader market. The speakers will present their expert opinions in a two-hour Live Webinar.

About Dayton D. Nordin

Over fourteen years of consulting experience and has worked in a variety of industries including: technology, communications, media, manufacturing, utility, government contracting, and service. Currently, a member of the Boston office of Ernst & Young's Transaction Advisory Services specializing in Valuation for both financial and tax reporting purposes. Responsibilities include the valuation of business enterprises, equity and debt interests, and various intangible assets associated with businesses. These types of engagements are performed for a variety of purposes including allocation of purchase price for tax and accounting purposes, valuation of minority and control equity interests for gift and estate tax purposes, transaction related purposes, corporate planning, tax planning and recapitalizations. In addition, completed a variety of pre-deal due diligence projects that include various aspects of valuation work. Typically these projects primarily involve advising clients on the value of various intangible assets and/or the business enterprise of target companies. Assisted clients in identifying and addressing strategic business issues. Those issues often revolve around studies of: market size, competitive landscape, internal strengths and weaknesses, competency assessment, and identifying the financial needs and requirements of a business.

About Ernst & Young

Ernst & Young is a global leader in assurance, tax, transaction and advisory services. Worldwide, their 130,000 people are united by their shared values, and an unwavering commitment to quality.

For more information about Dayton D. Nordin and Ernst & Young, please visit: http://www.ey.com

About The Knowledge Congress

The Knowledge Congress is an organization that produces webinars that examine regulatory changes across a variety of industries. “We bring together the world's leading authorities and industry participants through informative two-hour Live webinars to study the impact of changing regulations.” To contact or to register for an event, please visit: www.knowledgecongress.org.

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