The Knowledge Congress Has Scheduled a Live Webcast on Untangling 157 & 141R: Business Combinations, M&A & Fair Value

New York, NY, March 01, 2009 --(PR.com)-- The Knowledge Congress, the leading producer of regulatory focused webcasts, announced today that it has scheduled a live webcast on Untangling 157 & 141R: Business Combinations, M&A & Fair Value. This two-hour event is scheduled on Friday, May 1, 2009, at 12:00 PM - 2:00 PM (EDT – New York).

Despite protests that the current market environment makes it difficult or even impossible to measure the worth of assets and liabilities on a fair value basis, the Financial Accounting Standards Board now expects entities engaged in mergers and acquisitions to do just that. At least one high-profile deal has already been scrapped while potential acquirers wait for additional guidance, but the rules laid out in FAS 157 (Fair Value Measurements) can offer forward-looking corporate leaders deeper insight into just what FAS 141R (Business Combinations) entails.

The Knowledge Congress has assembled a distinguished panel of financial professionals and regulators to apply the logic of 157 to the business decisions that now hinge on compliance with 141R. This Live Webcast will also touch on other issues surrounding fair value accounting as U.S. and international standards converge.

Speakers/Faculty Panel

Jim Timmins, Managing Director, Teknos Associates

Lynne Weber, Ph.D., Managing Director, Global Leader - Strategic Value Advisory Practice, Duff & Phelps, LLC

Kevin Tom, CFA, Director, Transaction Services, PricewaterhouseCoopers LLP

Michael Nesta, Director, Advisory Transaction Services, KPMG LLP

For updated list of the faculty panel, please visit: http://knowledgecongress.org/event_2009_U157.html

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 webcasts that study the impact of changing regulations and help businesses succeed through proper regulatory compliance.”

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