The Knowledge Congress Has Scheduled a Live Webcast on FAS 123R & SAB 107: Understanding Stock-Based Compensation Accounting

New York, NY, April 26, 2009 --(PR.com)-- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, announced today that it has scheduled a live webcast on FAS 123R & SAB 107: Understanding Stock-Based Compensation Accounting. This two-hour event is scheduled on Tuesday, July 7, 2009, at 12:00 PM - 2:00 PM EDT.

Under SFAS 123-R, all companies have been required since 2006 to use fair-value accounting for share-based compensation, such as stock options. The change from previous accounting rules caused many companies to re-examine how they use stock options and other forms of executive compensation. The new standard also has been the subject of commentary and clarifications from the FASB and SEC staff regarding valuation methods, application to different kinds of instruments, and effective dates. With many companies’ shares now worth less than the strike price of options granted to employees and executives as incentive compensation, questions about fair valuations are being raised again.

The Knowledge Congress is presenting a distinguished panel of government officials and accounting professionals to discuss accounting for stock-based compensation in today’s uncertain economic climate. The panelists will present their views and reflections on the first three years of reporting under SFAS 123R in a two-hour Live Webcast.

Speakers/Faculty Panel

Shan Nemeth, Partner, Deloitte & Touche LLP, former Professional Accounting Fellow, Office of the Chief Accountant, SEC

Alison T. Spivey, Partner, National Professional Practice, Ernst & Young LLP, former Associate Chief Accountant in the SEC's Office of the Chief Accountant

Barbara A. Baksa, CEP, Executive Director, National Association of Stock Plan Professionals

For updated list of the faculty panel, please visit: http://knowledgecongress.org/event_2009_FAS_123R.html

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 to an event, please visit: www.knowledgecongress.org.

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