The Knowledge Congress Has Scheduled a Live Webcast on Understanding 157-e: Fair Value Redefined
Jersey City, NJ, March 10, 2009 --(PR.com)-- The Knowledge Congress, the leading producer of regulatory focused webcast, announced today that it has scheduled a live webinar on Understanding 157-e: Fair Value Redefined. This two-hour event is scheduled on Thursday, April 23, 2009, at 12:00 NN to 2:00 PM (ET – New York).
In an effort to help banks avoid fire-sale prices of their most toxic assets, the FASB has proposed sweeping changes to current mark to market accounting rules. Under the new rules, called 157-e, banks will be allowed to set their own values for certain troubled and difficult-to-value assets such as distressed mortgages and loans (consumer & corporate). While many institutions are lining up to take advantage of the new regulations, others are voicing concerns over how 157-e will impact the Treasury’s plan to remove toxic assets from the system. In all this confusion, one thing remains certain: economic recovery will be difficult if not impossible unless we continue to re-evaluate the way we do business.
The Knowledge Group has assembled a team of key thought leaders and experts to help you understand the impact of 157-e on your business. Understanding 157-e: Fair Value Redefined Live webcast is a must attend event for professionals and firms impacted by issues surrounding fair value.
Speakers/Faculty Panel
-Sean McKee, Audit Sector Leader - Investment Management Practice, KPMG LLP
-Louis Fanzini, CPA, Director, Accounting Policy Group, Credit Suisse
-Michael R. Young, Partner, Willkie Farr & Gallagher LLP
For updated list of the faculty panel, please visit: http://knowledgecongress.org/event_2009_understanding157.html
About The Knowledge Congress
The Knowledge Congress is an organization that produces webcast that examine regulatory changes across a variety of industries. “We bring together the world's leading authorities and industry participants through informative two-hour webinars that study the impact of changing regulations and help businesses succeed through proper regulatory compliance.”
Contact information:
The Knowledge Congress
http://www.knowledgecongress.org
info@knowledgecongress.org
###
In an effort to help banks avoid fire-sale prices of their most toxic assets, the FASB has proposed sweeping changes to current mark to market accounting rules. Under the new rules, called 157-e, banks will be allowed to set their own values for certain troubled and difficult-to-value assets such as distressed mortgages and loans (consumer & corporate). While many institutions are lining up to take advantage of the new regulations, others are voicing concerns over how 157-e will impact the Treasury’s plan to remove toxic assets from the system. In all this confusion, one thing remains certain: economic recovery will be difficult if not impossible unless we continue to re-evaluate the way we do business.
The Knowledge Group has assembled a team of key thought leaders and experts to help you understand the impact of 157-e on your business. Understanding 157-e: Fair Value Redefined Live webcast is a must attend event for professionals and firms impacted by issues surrounding fair value.
Speakers/Faculty Panel
-Sean McKee, Audit Sector Leader - Investment Management Practice, KPMG LLP
-Louis Fanzini, CPA, Director, Accounting Policy Group, Credit Suisse
-Michael R. Young, Partner, Willkie Farr & Gallagher LLP
For updated list of the faculty panel, please visit: http://knowledgecongress.org/event_2009_understanding157.html
About The Knowledge Congress
The Knowledge Congress is an organization that produces webcast that examine regulatory changes across a variety of industries. “We bring together the world's leading authorities and industry participants through informative two-hour webinars that study the impact of changing regulations and help businesses succeed through proper regulatory compliance.”
Contact information:
The Knowledge Congress
http://www.knowledgecongress.org
info@knowledgecongress.org
###
Contact
The Knowledge Congress
Thomas LaPointe, Jr., Executive Director
1.800.578.4370
www.knowledgecongress.org
Therese Lumbao, Director
Account Management & Member Services
tlumbao@knowledgecongress.org
Thomas LaPointe, Jr., Executive Director
1.800.578.4370
www.knowledgecongress.org
Therese Lumbao, Director
Account Management & Member Services
tlumbao@knowledgecongress.org
Contact
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