The Knowledge Group
The Knowledge Group

George G. Hansen, Managing Director, of the Claro Group, LLC to Speak at KC’s Event on FAS 5 and Environmental Liabilities LIVE Webcast on 11/06/2009

New York, NY, October 03, 2009 --(PR.com)-- The Knowledge Group/Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcast announced today that George G. Hansen, Managing Director, of The Claro Group, LLC will speak at the Knowledge Congress’ upcoming webcast entitled: “FAS 5: Accounting for Contingencies and Environmental Liabilities LIVE Webcast”. This 2-hour event is scheduled on November 06, 2009, Friday, at 12:00 PM - 2:00 PM ET. (For further details of the event and an updated list of panelists, please visit: http://www.knowledgecongress.org/event_2009_FAS5.html)

As executive and legislative initiatives focus more on environmental protection, accounting rules have also been evolving to achieve more transparency in terms of how companies treat and estimate environmental liabilities. Many questions arise: How will different industries now need to account for their practices? Will they have to spend higher for environmental expenses? Will this impact market capitalization? What can you do to increase transparency, conform to current standards, and alleviate risks?

This webcast produced by The Knowledge Group will discuss how common accounting problems relate to environmental issues and how FAS 5, Accounting for Contingencies, can be applied to regulating environmental liabilities. This event will provide critical, timely updates and should be considered a must attend event for anyone interested in Accounting for Contingencies and Environmental Liabilities issues. The regulations affect companies of all sizes. This event is highly recommended for companies who have any environmental risk exposure and for companies that may be involved in M&A activity in the near future.

About George G. Hansen

George Hansen is a business consultant in the areas of complex claims and risk. He is a co-founder of The Claro Group, LLC, a financial advisory firm formed out of a Big 5 accounting/consulting firm, where he was a managing partner.

George has over 15 years of experience assisting clients with valuation and valuation methodologies for environmental and toxic tort liabilities in the context of transactions, litigation, and financial reporting. He has an MBA from Carnegie-Mellon’s Tepper School and holds a BS in Engineering Science from Georgia Tech.

About The Claro Group, LLC

The Claro Group, LLC is one of the nation's top privately-owned, legacy-oriented financial and management consulting firms with offices in Chicago, Houston and Los Angeles. Founded in 2005 by former Arthur Andersen partners, The Claro Group provides financial and management consulting services focused on insurance claims, healthcare revenue and strategic sourcing and procurement.

For more information about George G. Hansen and The Claro Group, LLC, please visit: www.theclarogroup.com

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