The Knowledge Group
The Knowledge Group

Russ Ryan, Partner, King & Spalding LLP to Speak at KC’s Live Webcast on Auditor Independence: What You Need to Know on 5/7/2009

Jersey City, NJ, April 04, 2009 --(PR.com)-- The Knowledge Congress, the leading producer of regulatory focused webcast announced today that Russ Ryan, Partner, King & Spalding LLP will speak at the Knowledge Congress’ upcoming webcast entitled: “Auditor Independence: What You Need to Know”. This 2-hour event is scheduled on May 7, 2009, Thursday at 3:00 PM – 5:00 PM ET. (For further details of the event and an updated list of panelists, please visit: http://knowledgecongress.org/event_2009_Auditor.html)

Recently, certain high-profile fraudulent cases have heightened the public's awareness of how important auditor independence is in the performance of various engagements. Indeed, independence standards materially affect the ways in which a CPA performs audit and other attestation-related reviews and services for the client. In audits conducted according to generally accepted auditing standards (GAAS), or the standards of the Public Company Accounting Oversight Board (PCAOB), audit teams are charged with the duty of giving reasonable assurance that their client's financial statements are free of material misstatement (whether caused by error or fraud). Auditor independence is a key element in providing such an assurance.

This Live Webcast will focus on the scope and conceptual framework for independence standards and will explain the different regulatory requirements, as well as interpretations published to help auditors understand the standards set forth concerning auditor independence. It will also address several other key issues, including: what the independence principles and safeguards mean to audit practice, what non-audit services are permitted or prohibited, how to apply the standards in specific nonaudit circumstances and the differences between the GAO and AICPA independence standards.

About Russ Ryan

Russ Ryan is a law partner in the Washington, DC office of King & Spalding LLP, where his practice focuses on SEC investigations, audit committee internal investigations, and related corporate governance matters. He previously served for 10 years in the SEC's Division of Enforcement, including three years as Assistant Director of the Division. His work at the SEC included investigating and supervising several of the SEC's most prominent auditor independence cases against Big Four accounting firms. He is a frequent writer, speaker, and commentator on legal issues involving the SEC enforcement process and corporate internal investigations.

About King & Spalding LLP

King & Spalding is an international law firm with more than 880 lawyers in Abu Dhabi, Atlanta, Austin, Charlotte, Dubai, Frankfurt, Houston, London, New York, Riyadh (affiliated office), San Francisco, Silicon Valley and Washington, D.C. The firm represents half of the Fortune 100 and in Corporate Counsel surveys consistently has been among the top firms representing Fortune 250 companies. For additional information, visit www.kslaw.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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