The Knowledge Group
The Knowledge Group

Nicholas Stamos, Principal, Valuation Services with Deloitte Financial Advisory Services LLP, to speak at KC’s FAS 157 Fair Value Measurements Teleconference on 12/13/07

New York, NY, October 06, 2007 --(PR.com)-- The Knowledge Congress, the leading producer of regulatory focused teleconferences has announced today that Nicholas Stamos, Principal, Valuation Services with Deloitte Financial Advisory Services LLP, will speak at the Knowledge Congress’ upcoming teleconference entitled: “Statement 157 Fair Value Measurements ” This 2-hour event is scheduled on December 13, 2007, Thursday at 1:00 PM ET. (For further details and an updated panelist list for this event, please visit: www.knowledgecongress.org)

Statement 157 aims to provide improved guidance for companies using fair value to measure assets and liabilities. It was issued in response to investors who have been seeking more detailed information about the degree to which companies measure: assets and liabilities at fair value, the information used to measure it, and the effect on earnings. The compliance deadline for Statement 157 is looming as it applies to financial statements issued for fiscal years beginning after November 15, 2007.

The Knowledge Congress has assembled a panel of experts to help companies with the implementation of Statement 157. The panel will present their findings, which includes best practices in a live two-hour teleconference.

About Nicholas Stamos

Mr. Nicholas is a principal in the Valuation Services practice of Deloitte Financial Advisory Services LLP. He is the national leader of the Business Valuation service line practice. He has more than 25 years of experience in providing valuation and financial valuation consulting services worldwide for the purposes of accounting, tax planning, financing, bankruptcy, litigation, mergers and acquisitions, and investment. Mr. Nicholas has particular experience in the valuation of intellectual property (i.e., patents, proprietary technology, trademarks, trade names, customer intangibles, copyrights, agreements, etc.).

Mr. Nicholas has extensive experience serving national and multinational companies such as financial services, manufacturing, media/entertainment, natural resources, consumer businesses, technology and life sciences, etc.

Additionally, Mr. Nicholas has supervised large, complex multidiscipline (real estate, machinery and equipment, and financial) valuation engagements and has performed several transfer pricing studies for multinational corporations.

He has testified as a valuation expert on business enterprises and intellectual property in various courts of law (including bankruptcy court) and has extensive experience in dealing with the IRS, SEC and other regulatory and tax authorities worldwide on valuation issues.

Publications and Presentations

Interviewed by CNN on emerging regulations from the FCC on media ownership rules

Quoted and/or interviewed on stock option valuation by the following media outlets: Business Finance, Financial Planning, Bloomberg, Reuters, Dow Jones, Society for Human Resource Management's “HR News”, WebCPA.com, The Daily Deal, Law.com, Miami Daily Business Review, Palm Beach Daily Business Review, Broward Daily Business Review, Atlanta Business Chronicle, Institutional Investor, and The NY State Society of CPAs' Newspaper, "The Trusted Professional"

Additionally, Mr. Nicholas has been a formal speaker and presenter to many industry organizations and professional groups such as the American Society of Appraisers, Tax Executive Institute, Emerging Issues Task Force (“EITF”) Advisor on Customer Relationships, Financial Executive Institute for Biosciences, Pharma Association, National Restaurant Association, New York State Society of CPAs, New Jersey State Society of CPAs, Deloitte Regional Bank Forum, Financial Executives International (“FEI”) Committee Member on Business Combinations, and a Private Equity Valuation and Performance Reporting conference at Dartmouth Tuck School of Business.

About Deloitte Financial Advisory Services LLP

Deloitte & Touche (also referred to as Deloitte Touche Tohmatsu, and branded as Deloitte.) is the second largest professional services firm in the world, and one of the Big Four auditors, along with PricewaterhouseCoopers, Ernst & Young and KPMG. In addition to its accounting practice, Deloitte is one of the largest business advisory firms in the world, providing strategic and operational management consulting, tax advisory, and financial advisory services to many of the world's largest companies.

It was previously known as Deloitte & Touche, which was formed by the merger of Touche Ross and Deloitte Haskins & Sells (outside of the UK) in 1990. The rebranding as simply Deloitte with a round green dot following the name was commissioned by John Connolly, the Senior Partner and Chief Executive of the UK firm, who challenged Enterprise IG in 2003 to develop a brand image that represented the new position of the organization in the marketplace; encompassing the "complete firm", offering accounting and consulting services whilst rival firms had divested their consulting operations.

About The Knowledge Congress

The Knowledge Congress is an organization that produces teleconferences that examine regulatory changes across a variety of industries. “We bring together the world's leading authorities and industry participants through informative two-hour teleconferences to study the impact of changing regulations.” To contact or to register to an event, please visit: www.knowledgecongress.org.

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Therese Lumbao
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