Kevin Tom, Director, Transaction Services, PricewaterhouseCoopers LLP to Speak at KC’s Event on Untangling 157 & 141R: Business Combinations, M&A & Fair Value On 5/1/09
Jersey City, NJ, April 04, 2009 --(PR.com)-- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts announced today that Kevin Tom, CFA, Director, Transaction Services of PricewaterhouseCoopers LLP will speak at the Knowledge Congress’ upcoming webcast entitled: “Untangling 157 & 141R: Business Combinations, M&A & Fair Value”. This 2-hour event is scheduled on May 1, 2009, Friday, at 12:00 PM - 2:00 PM EDT. (For further details of the event and an updated list of panelists, please visit:
http://knowledgecongress.org/event_2009_U157.html)
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.
About Kevin Tom
Kevin is a Director in the Transaction Services practice of PricewaterhouseCoopers located in the New York office. Kevin specializes in providing valuation services and has thirteen years of valuation experience related to financial reporting, merger and acquisition consulting, strategic planning, tax planning, litigation support, and bankruptcy/reorganization support.
Kevin recently returned to the Transaction Services practice after a two year assignment in PricewaterhouseCoopers’ National Office where he was a member of the National Technical Services group. In that role, Kevin served as a valuation expert consulting on valuation matters related to emerging financial reporting issues and accounting standards. He served as a fair value accounting subject matter expert assisting clients and engagement teams in understanding, interpreting and implementing FASB Statement No. 157, Fair Value Measurements and FASB Statement No. 159, The Fair Value Option for Financial Assets and Financial Liabilities.
Kevin received his Master of Business Administration from the University of Southern California and a Bachelor of Arts degree in Economics from the University of California, Irvine. He also is a Chartered Financial Analyst (CFA) charter holder.
About PricewaterhouseCoopers
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 Kevin Tom and PricewaterhouseCoopers, please visit: http://www.pwc.com
About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series
The Knowledge Congress is a series of live webcasts produced by The Knowledge Group, LLC, which examine trends, regulatory, and technology changes across a variety of industries. “We bring together the world's leading authorities and industry participants through informative two-hour webcast that study the impact of changing regulations and help businesses succeed through proper regulatory compliance.” To contact or to register for an event, please visit: www.knowledgecongress.org.
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http://knowledgecongress.org/event_2009_U157.html)
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.
About Kevin Tom
Kevin is a Director in the Transaction Services practice of PricewaterhouseCoopers located in the New York office. Kevin specializes in providing valuation services and has thirteen years of valuation experience related to financial reporting, merger and acquisition consulting, strategic planning, tax planning, litigation support, and bankruptcy/reorganization support.
Kevin recently returned to the Transaction Services practice after a two year assignment in PricewaterhouseCoopers’ National Office where he was a member of the National Technical Services group. In that role, Kevin served as a valuation expert consulting on valuation matters related to emerging financial reporting issues and accounting standards. He served as a fair value accounting subject matter expert assisting clients and engagement teams in understanding, interpreting and implementing FASB Statement No. 157, Fair Value Measurements and FASB Statement No. 159, The Fair Value Option for Financial Assets and Financial Liabilities.
Kevin received his Master of Business Administration from the University of Southern California and a Bachelor of Arts degree in Economics from the University of California, Irvine. He also is a Chartered Financial Analyst (CFA) charter holder.
About PricewaterhouseCoopers
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 Kevin Tom and PricewaterhouseCoopers, please visit: http://www.pwc.com
About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series
The Knowledge Congress is a series of live webcasts produced by The Knowledge Group, LLC, which examine trends, regulatory, and technology changes across a variety of industries. “We bring together the world's leading authorities and industry participants through informative two-hour webcast that study the impact of changing regulations and help businesses succeed through proper regulatory compliance.” To contact or to register for an event, please visit: www.knowledgecongress.org.
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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
Contact
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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