The Knowledge Congress Has Scheduled a Live Webcast on Understanding Financial Instrument Accounting Overhaul & Fair Value

New York, NY, July 31, 2010 --(PR.com)-- Recently, the Financial Accounting Standards Board (FASB) released a proposal to update rules governing accounting for financial instruments. This sweeping legislation will significantly impact the industry’s landscape. Much of it centers on measuring these complex financial instruments at fair value (or something close to it). While this comprehensive legislation has many facets, it will focus on redefining accounting for financial instruments in these areas:

- Classification and Measurement of Instruments
- Fair Value vs. Amortized Costs
- How Changes in Fair Value is recorded (earnings vs. comprehensive income)
- New More Consistent Models for Impairment on Loans & Debt Securities
- Delaying Recognition of Credit Losses
- Hedging of Financial Instruments & Risks Using Derivatives

The Knowledge Group has assembled a team of experts who will help untangle the complex new rules and how they will impact your firm. Click the “Register” button below to sign up today. Advanced registration is recommended as space is limited. Significant discounts apply for early registration.

Speakers/Faculty Panel

Mike Strong, Director, Chatham Financial
Enrique Tejerina, Partner, Department of Professional Practice, KPMG LLP
Jamie Mayer, CPA, Senior Manager, Accounting Principles Consulting Group (APCG), Grant Thornton LLP
Jeffrey T. Allen, Managing Director Financial Instruments and Credit Group, PricewaterhouseCoopers LLP

For a peek at the event, please visit:
http://www.knowledgecongress.org/event_2010_Financial_Accounting.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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