Sergey Volkov, CPA, CFA, Director, Structured Finance Group, PricewaterhouseCoopers LLP to Speak at KC’s Event on "Mark-to-Market" Accounting Standards on 3/19/09
New York, NY, February 28, 2009 --(PR.com)-- The Knowledge Congress, the leading producer of regulatory focused webcasts announced today that Sergey Volkov, CPA, CFA, Director, Structured Finance Group, PricewaterhouseCoopers LLP will speak at The Knowledge Congress’ upcoming webcast entitled: “Understanding the Current Status Of "Mark-to-Market" Accounting Standards”. This 2-hour event is scheduled on March 19, 2009, Thursday, at 12:00 PM - 2:00 PM ET. (For further details of the event and an updated list of panelists, please visit: http://www.knowledgecongress.org/event_2008_market.html)
Critics contend that Mark-to-Market Accounting Standard is one of the causes of the country’s financial dilemma. Otherwise known as “fair value accounting,” this standard requires companies to value securities they hold at their current selling price. Banks are apprehensive because they fear that this standard might have an adverse effect on the valuation of their assets. Mark-to-Market accounting is likely here to stay, therefore companies need to understand how to best manage their positions held in financial instruments to survive in this challenging environment.
The Knowledge Congress is assembling a panel of distinguished professionals and key regulators to discuss recent developments on this regulation. The speakers will present their expert opinions in a two-hour Live Webcast.
About Sergey Volkov
Sergey Volkov is a director in the PricewaterhouseCoopers’ Structured Finance: Capital Markets Accounting Advisory Services practice. This practice advises companies on current accounting issues, developments, and the application of accounting standards. Sergey provides accounting advice on structured transactions, derivatives, transfers of financial assets, securitizations, financings and other issues. He also supports banking and other financial services clients with technical accounting support with implementing new accounting standards. Sergey has a strong background in financial services products and structures. His clients include investment and retail banks, private equity firms and insurance companies.
Since November 2006, Sergey has focused on supporting numerous audit and non-audit clients with Fair Value accounting (FAS 157 and FAS 159) implementation projects. The projects included investment banks early adopting the standards, retail and mortgage banking institutions, insurance companies and asset management companies. Sergey has also worked closely with a number of pricing services, supporting the client Fair Value accounting documentation efforts.
Sergey is a Chartered Financial Analyst (CFA) charterholder. He maintains active CPA licenses in Washington DC and Virginia. Sergey is an active member of AICPA, CFA Institute, and Washington DC Society of Investment Analysts. Sergey also sits on CFA Institute Centre Corporate Policy Disclosure Council.
About PricewaterhouseCoopers LLP
PricewaterhouseCoopers provides industry-focused assurance, tax and advisory services to build public trust and enhance value for its clients and their stakeholders. More than 146,000 people in 150 countries across their network share their thinking, experience and solutions to develop fresh perspectives and practical advice.
For more information about Sergey Volkov, and PricewaterhouseCoopers LLP, please visit: http://www.pwc.com/
About The Knowledge Congress
The Knowledge Congress is an organization that produces webcasts 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 webcasts to study the impact of changing regulations.” To contact or to register for an event, please visit: www.knowledgecongress.org.
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Critics contend that Mark-to-Market Accounting Standard is one of the causes of the country’s financial dilemma. Otherwise known as “fair value accounting,” this standard requires companies to value securities they hold at their current selling price. Banks are apprehensive because they fear that this standard might have an adverse effect on the valuation of their assets. Mark-to-Market accounting is likely here to stay, therefore companies need to understand how to best manage their positions held in financial instruments to survive in this challenging environment.
The Knowledge Congress is assembling a panel of distinguished professionals and key regulators to discuss recent developments on this regulation. The speakers will present their expert opinions in a two-hour Live Webcast.
About Sergey Volkov
Sergey Volkov is a director in the PricewaterhouseCoopers’ Structured Finance: Capital Markets Accounting Advisory Services practice. This practice advises companies on current accounting issues, developments, and the application of accounting standards. Sergey provides accounting advice on structured transactions, derivatives, transfers of financial assets, securitizations, financings and other issues. He also supports banking and other financial services clients with technical accounting support with implementing new accounting standards. Sergey has a strong background in financial services products and structures. His clients include investment and retail banks, private equity firms and insurance companies.
Since November 2006, Sergey has focused on supporting numerous audit and non-audit clients with Fair Value accounting (FAS 157 and FAS 159) implementation projects. The projects included investment banks early adopting the standards, retail and mortgage banking institutions, insurance companies and asset management companies. Sergey has also worked closely with a number of pricing services, supporting the client Fair Value accounting documentation efforts.
Sergey is a Chartered Financial Analyst (CFA) charterholder. He maintains active CPA licenses in Washington DC and Virginia. Sergey is an active member of AICPA, CFA Institute, and Washington DC Society of Investment Analysts. Sergey also sits on CFA Institute Centre Corporate Policy Disclosure Council.
About PricewaterhouseCoopers LLP
PricewaterhouseCoopers provides industry-focused assurance, tax and advisory services to build public trust and enhance value for its clients and their stakeholders. More than 146,000 people in 150 countries across their network share their thinking, experience and solutions to develop fresh perspectives and practical advice.
For more information about Sergey Volkov, and PricewaterhouseCoopers LLP, please visit: http://www.pwc.com/
About The Knowledge Congress
The Knowledge Congress is an organization that produces webcasts 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 webcasts to study the impact of changing regulations.” To contact or to register for an event, please visit: www.knowledgecongress.org.
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Therese Lumbao, Director
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Thomas LaPointe, Jr., Executive Director
1.800.578.4370
www.knowledgecongress.org
Therese Lumbao, Director
Account Management & Member Services
tlumbao@knowledgecongress.org
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