The Knowledge Congress Has Scheduled a Live Webcast on FAS 158: Accounting for Defined Benefit Pension and Other Post-Retirement Plans

New York, NY, May 15, 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 158: Accounting for Defined Benefit Pension and Other Post-Retirement Plans. This two-hour event is scheduled on Tuesday, August 4, 2009, at 3:00 PM - 5:00 PM EDT.

Under SFAS 158, issued by FASB in 2006, employers that sponsor defined benefit pension and other post-retirement plans are required to report the funded status of their plans on their balance sheets rather than in footnotes to their financial statements. A plan’s funded status is the difference between the fair market value of its assets and its benefit obligations. For plan years ending after December 15, 2008, the valuation date for plan assets and benefit obligations must be the date of the employer's statement of financial position.

The Knowledge Congress is assembling a panel of pension accounting experts to help post-employment plan sponsors understand the new reporting requirements and ensure compliance with the new standard. The speakers will share their expertise in a two-hour Live Webcast.

Speakers/Faculty Panel:

John T. Stokesbury FSA, Director, Human Capital – Total Rewards, Deloitte Consulting LLP

William B. Duff, Partner, Chair, Employee Benefits and Executive Compensation Department, Katten Muchin Rosenman LLP

Gregory Nicholson, PricewaterhouseCoopers LLP

For updated list of the faculty panel, please visit: http://knowledgecongress.org/event_2009_FAS_158.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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