The Knowledge Group
The Knowledge Group

Bradley J. Homant, Partner, KPMG LLP to Speak at KC’s FASB Exposure Drafts on Financial Statements, Equity/Liabilities Project & Leases

New York, NY, October 07, 2010 --(PR.com)-- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that Bradley J. Homant, Partner, KPMG LLP will speak at the Knowledge Congress’ webcast entitled: “FASB Exposure Drafts on Financial Statements, Equity/Liabilities Project & Leases”. This event is scheduled for October 26, 2010 at 12:00 PM - 2:00 PM ET.

(For further details, please visit: http://www.knowledgecongress.org/event_2010_fasb_exposure.html

Event Synopsis:

On May 26, 2010, FASB published an exposure draft of proposed Accounting Standards Update (ASU) aimed at providing a new, comprehensive standard on financial instruments accounting. The exposure draft includes guidance on hedge accounting as well as the classification and measurement of financial assets and liabilities.

When enacted, these new proposals will impact the reporting of financial institutions and other entities that utilize financial instruments. Accounting professionals must be in the know about this new FASB exposure draft, to comply with the greater transparency in financial statements being pursued by FASB.

About Bradley J. Homant

Brad is a partner in the Department of Professional Practice (DPP) – Audit and Advisory Services in New York where he monitors the activities of the Financial Accounting Standards Board (FASB) and other standard setters, and writes interpretive guidance in KPMG publications for certain FASB and other standard setter projects. He also assists engagement teams with accounting matters relating to leasing, financial instruments, revenue recognition, and compensation, and instructs technical accounting topics for both internal and external audiences.

Professional and Industry Experience

From 2008 – 2010, Brad was a Practice Fellow at the FASB, where he focused on activities of the EITF, the joint leasing project, and the accounting for financial instruments and hedging activities project. He also provided guidance to FASB constituents in response to technical inquiries on a variety of matters including leasing, compensation, fair value measurements and disclosures, and hedging activities.

About KPMG LLP

KPMG LLP, the audit, tax and advisory firm (www.us.kpmg.com), is the U.S. member firm of KPMG International. KPMG International’s member firms have 137,000 professionals, including more than 7,600 partners, in 144 countries.

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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