David B. Elsbree, Jr., Partner, KPMG LLP to Speak at KC’s Sweeping Changes in Revenue Recognition Coming: Are You prepared? Live Webcast
New York, NY, February 18, 2011 --(PR.com)-- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that David B. Elsbree, Jr., Partner, KPMG LLP will speak at the Knowledge Congress’ webcast entitled: “Sweeping Changes in Revenue Recognition Coming: Are You prepared? Live Webcast”. This event is scheduled for April 21, 2011 at 12:00 PM -2:00 PM ET.
For further details, please visit: http://knowledgecongress.org/event_2011_revenueRecognition.html
Event Synopsis:
A joint proposal issued by The International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB) may significantly alter how companies approach revenue recognition. The proposal could impact the timing and amount of revenue recognized by companies across a variety of industries, including software, real estate, construction, and many others. In addition, this proposal is a key step in the IASB’s and FASB’s joint efforts to converge their accounting standards, and the outcome of the project may have an effect on the Securities and Exchange Commission’s decision, expected in the second half of 2011, about whether, and if so, how, to incorporate International Financial Reporting Standards into the U.S. financial reporting system. This proposal and the ultimate regulatory activity produced will no doubt represent challenges to adopters impacting all facets of financial reporting.
In this 2-hour live webcast, a panel of speaker experts and thought leaders organized by The Knowledge Group will provide an overview to help you understand the critical elements of the proposal and its potential effects on companies’ revenue recognition practices.
About David B. Elsbree, Jr.
David’s responsibilities in KPMG’s Department of Professional Practice include writing interpretive guidance in KPMG publications, helping engagement teams resolve complex accounting issues, and teaching technical accounting topics at training events and webcasts for KPMG professionals and external participants. His areas of specialization include revenue recognition, consolidation, stock-based compensation, and accounting for income taxes.
In August 2009, David completed a two-year assignment as a practice fellow at the Financial Accounting Standards Board. He served as the project manager for Disclosure of Certain Loss Contingencies and Emissions Trading Schemes, and assisted on EITF Issues No. 08-1, “Revenue Arrangements with Multiple Deliverables,” and No. 08-9, “Milestone Method of Revenue Recognition,” as well as FSP FAS 141(R)-1, “Accounting for Assets Acquired and Liabilities Assumed in a Business Combination That Arise from Contingencies.”
Prior to joining KPMG’s Department of Professional Practice in 2006, David primarily served multinational consumer products and industrial products clients in KPMG’s Boston office. He has also served retail and software clients.
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.
For more information about David B. Elsbree, Jr., please visit: http://kpmginstitutes.com/events/speakers/. For more information about KPMG LLP, please visit: http://www.kpmg.com.
About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series
The Knowledge Congress brings together the world's leading authorities and industry participants through informative two-hour webcasts that study the impact of changing regulations and help businesses succeed through proper regulatory compliance.
For further information and inquiry, visit www.knowledgecongress.org
###
For further details, please visit: http://knowledgecongress.org/event_2011_revenueRecognition.html
Event Synopsis:
A joint proposal issued by The International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB) may significantly alter how companies approach revenue recognition. The proposal could impact the timing and amount of revenue recognized by companies across a variety of industries, including software, real estate, construction, and many others. In addition, this proposal is a key step in the IASB’s and FASB’s joint efforts to converge their accounting standards, and the outcome of the project may have an effect on the Securities and Exchange Commission’s decision, expected in the second half of 2011, about whether, and if so, how, to incorporate International Financial Reporting Standards into the U.S. financial reporting system. This proposal and the ultimate regulatory activity produced will no doubt represent challenges to adopters impacting all facets of financial reporting.
In this 2-hour live webcast, a panel of speaker experts and thought leaders organized by The Knowledge Group will provide an overview to help you understand the critical elements of the proposal and its potential effects on companies’ revenue recognition practices.
About David B. Elsbree, Jr.
David’s responsibilities in KPMG’s Department of Professional Practice include writing interpretive guidance in KPMG publications, helping engagement teams resolve complex accounting issues, and teaching technical accounting topics at training events and webcasts for KPMG professionals and external participants. His areas of specialization include revenue recognition, consolidation, stock-based compensation, and accounting for income taxes.
In August 2009, David completed a two-year assignment as a practice fellow at the Financial Accounting Standards Board. He served as the project manager for Disclosure of Certain Loss Contingencies and Emissions Trading Schemes, and assisted on EITF Issues No. 08-1, “Revenue Arrangements with Multiple Deliverables,” and No. 08-9, “Milestone Method of Revenue Recognition,” as well as FSP FAS 141(R)-1, “Accounting for Assets Acquired and Liabilities Assumed in a Business Combination That Arise from Contingencies.”
Prior to joining KPMG’s Department of Professional Practice in 2006, David primarily served multinational consumer products and industrial products clients in KPMG’s Boston office. He has also served retail and software clients.
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.
For more information about David B. Elsbree, Jr., please visit: http://kpmginstitutes.com/events/speakers/. For more information about KPMG LLP, please visit: http://www.kpmg.com.
About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series
The Knowledge Congress brings together the world's leading authorities and industry participants through informative two-hour webcasts that study the impact of changing regulations and help businesses succeed through proper regulatory compliance.
For further information and inquiry, visit www.knowledgecongress.org
###
Contact
The Knowledge Congress
Thomas LaPointe, Jr., Executive Director
1.800.578.4370
www.knowledgecongress.org
Therese Lumbao, Director
Account Management & Member Services
tlumbao@knowledgecongress.org
Thomas LaPointe, Jr., Executive Director
1.800.578.4370
www.knowledgecongress.org
Therese Lumbao, Director
Account Management & Member Services
tlumbao@knowledgecongress.org
Contact
Categories