John R. McGrath, Managing Director, FTI Consulting to Speak at KC’s FAS 109 & IAS 12 Explored: A 2011 Update Live Webcast

New York, NY, January 06, 2011 --(PR.com)-- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that John R. McGrath, Managing Director Forensic & Litigation Consulting, FTI Consulting will speak at the Knowledge Congress’ webcast entitled: “FAS 109 & IAS 12 Explored: A 2011 Update.” This event is scheduled for May 12, 2011 at 12:00 PM - 2:00 PM ET.

For further details, please visit:

http://www.knowledgecongress.org/event_2010_fas109_ias12.html

Event Synopsis:

Tax, accounting and business professionals must be continuously updated about regulatory developments and changes, as the accounting and finance reporting landscape is dynamic and ever changing. FAS 109 replaced previous standards for deferred income tax reporting. It presents many advantages for companies such as easier recognition of deferred tax assets and reduction of complexity. Companies must have a complete understanding of FAS 109 to maximize its benefits and ensure compliance. Recently, the International Accounting Standards Board (IASB) published an exposure draft entitled Deferred Tax: Recovery of Underlying Assets. This proposal aims to amend the accounting for deferred tax under IAS 12.

About John R. McGrath

John McGrath is a managing director in FTI’s Forensic and Litigation Consulting segment and is based in Washington DC. He provides litigation support, expert testimony and advisory services in connection with forensic accounting investigations, partnership and shareholder disputes, mergers, acquisitions and divestitures, tax compliance and litigation matters. He is an experienced professional in matters involving generally accepted accounting principles (GAAP) and generally accepted auditing standards (GAAS). Mr. McGrath has extensive experience with FAS 109 Accounting for Income Taxes and has represented Big 4 accounting firms, corporate clients and legal counsel in SEC investigations and due diligence disputes with respect to the application of FAS 109.

About FTI Consulting, Inc.

FTI Consulting, Inc. is a global business advisory firm dedicated to helping organizations protect and enhance enterprise value in an increasingly complex legal, regulatory and economic environment. With more than 3,400 professionals located in most major business centers in the world, we work closely with clients every day to anticipate, illuminate, and overcome complex business challenges in areas such as investigations, litigation, mergers and acquisitions, regulatory issues, reputation management and restructuring.

For more information about John R. McGrath and FTI Consulting, Inc., please visit: http://www.fticonsulting.com

About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series

The Knowledge Congress was established with the mission to produce unbiased, objective, and educational live webinars that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format. To contact or register to an event, please visit: www.knowledgecongress.org.

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