Ivan Cilik, Partner, Audit and Assurance, ParenteBeard LLC to Speak at KC’s PCAOBs New World of Auditor Reporting Explored Live Webcast

New York, NY, February 06, 2014 --(PR.com)-- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that Ivan Cilik, Partner, Audit and Assurance, ParenteBeard LLC (“ParenteBeard” or the “Firm”) will speak at the Knowledge Congress’ webcast entitled: “PCAOBs New World of Auditor Reporting Explored.” This event is scheduled for February 27, 2014 from 12:00pm – 2:00pm (ET).

For further details, please visit:
http://www.knowledgecongress.org/event_2014_Transparency_Audits_Explored.html

About Ivan Cilik

With over 13 years of public accounting experience, Ivan is a partner in ParenteBeard’s audit and accounting services group, playing a key role in the Firm’s financial institutions, manufacturing, distribution and technology practices.

He has extensive experience with Sarbanes-Oxley section 404 compliance programs and with a variety of technical accounting, auditing, SEC reporting, and internal control issues. In addition, his professional background includes initial public offerings, debt and equity offerings, shelf registrations, mergers and acquisitions, 1933 and 1934 Acts filings and internal controls assessments.

Prior to joining ParenteBeard, Ivan was with a big four firm where he served both privately and publicly held clients in a variety of industries, including financial services, manufacturing, utilities and real estate. Ivan's industry expertise has led to several speaking engagements on technical accounting topics, including International Financial Reporting Standards implementation, SEC compliance and reporting and SOX compliance.

About ParenteBeard LLC

ParenteBeard is ranked among the top 25 accounting firms in the U.S. With over 1,000 professionals, the firm is a leader in providing CPA and business advisory services to small businesses, middle market companies, nonprofits and SEC registrants. As an independent member of Baker Tilly International, ParenteBeard is proud to provide the highest level of service to clients nationally and internationally.

Event Synopsis:

Two proposals issued by the Public Company Accounting Oversight Board (PCAOB) to expand the auditor’s report may significantly affect companies and their audit committees. The PCAOB’s transparency proposal would require disclosure of the audit engagement partner's name in the audit report and disclosure of other accounting firms and persons who participated in the audit. The reporting model proposal would require auditors to discuss in the audit report critical auditing matters (CAMs) that arose during the audit. CAMs disclosure could include information about the company’s financial reporting that the company itself has not made public. Implementing these proposals could have unintended consequences and would present difficult new challenges for both companies and their auditors.

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.