The Knowledge Group
The Knowledge Group

Mark Fitzpatrick, Assurance Partner, Moss Adams LLP to Speak at KC’s Adopting IFRS: Implications on Private Companies Live Webcast

New York, NY, February 27, 2011 --(PR.com)-- Mark Fitzpatrick, Assurance Partner, Moss Adams LLP to Speak at KC’s Adopting IFRS: Implications on Private Companies Live Webcast.

The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that Mark Fitzpatrick, Assurance Partner, Moss Adams LLP will speak at the Knowledge Congress’ webcast entitled: “Adopting IFRS: Implications on Private Companies Live Webcast”. This event is scheduled for March 23, 2011 at 12:00 PM -2:00 PM ET.

For further details, please visit: http://knowledgecongress.org/event_2011_AdoptingIFRS.html

Event Synopsis:

One of the ongoing debates is how do we get to a single set of international accounting principles under which all companies report their finances? Most of Europe and 100 other countries around the world have already adopted IFRS or a jurisdictional adaptation of IFRS. Right now US public companies and most private companies are still reporting under US GAAP standards. Convergence has been a long and difficult process for a number of reasons, but the move to IFRS may entail a move away from the “prescriptive guidance” that generally exists under US GAAP. Most of the activity surrounding IFRS has focused on publicly traded companies though privately held companies need to take a serious look at how IFRS is going to impact their firms. Many have speculated that IFRS will be a game changer for the private sector as it could fundamentally alter how they report their financial results. Private companies who are owned by a foreign entity currently reporting under IFRS or significant investor using IFRS may find themselves having to prepare financial information in accordance with IFRS.

About Mark Fitzpatrick

Mark Fitzpatrick, an assurance partner with the Seattle office of Moss Adams LLP, works primarily with privately held middle-market manufacturing and distribution companies. A member of the firm’s International Services Group, he leads the Moss Adams IFRS Technical Resource Group, working with others to help the firm continue its IFRS-readiness initiatives.

Mark has worked with a variety of clients and client service teams to prepare full-disclosure stand-alone IFRS financial statements, and he has experience offering guidance regarding IFRS accounting and reporting matters. An instructor for many IFRS accounting and reporting courses for Moss Adams and IASeminars, he has also spoken on IFRS to outside organizations. Mark also coauthored an article on IFRS for Small and Medium-Sized Entities for the Journal of Accountancy.

Mark has been in public accounting for over 16 years and has been at Moss Adams since 2005, after 11 years at PricewaterhouseCoopers LLP. He earned his BS in accounting and finance from Oregon State University.

About Moss Adams LLP

Moss Adams LLP is the 11th largest accounting and consulting firm in the United States, and the largest headquartered in the West. Founded in 1913 and headquartered in Seattle, Washington, Moss Adams has 20 locations in Washington, Oregon, California, Arizona, and New Mexico. Our staff of over 1,700 includes approximately 220 partners.

For more information about Mark Fitzpatrick and Moss Adams LLP, please visit: http://www.mossadams.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

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