The Knowledge Group
The Knowledge Group

Claire Crossman, Senior Manager, Product Management, ONESOURCE Tax Provision, Thomson Reuters 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 Claire Crossman, Senior Manager, Product Management, ONESOURCE Tax Provision, Thomson Reuters 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 Claire Crossman

Claire Crossman has more than 20 years of tax experience with a primary focus in tax accounting and reporting. Currently, she is a senior manager of Product Management at the Tax & Accounting business of Thomson Reuters, supporting the ONESOURCE Tax Provision product suite.

Prior to joining ONESOURCE Tax Provision (formerly TaxStream) in 2005, Crossman was responsible for the tax reporting at NBC Universal and ASARCO. She began her career at Ernst & Young in the Corporate Tax division’s Media & Entertainment group.

About Thomson Reuters

Thomson Reuters is the world’s leading source of intelligent information for businesses and professionals.The firm combines industry expertise with innovative technology to deliver critical information to leading decision makers in the financial, legal, tax and accounting, healthcare, science and media markets, powered by the world’s most trusted news organization.

Thomson Reuters shares are listed on the Toronto Stock Exchange (TSX: TRI) and the New York Stock Exchange (NYSE: TRI).

For more information about Claire Crossman and Thomson Reuters, please visit: http://thomsonreuters.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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