John Formica, National Professional Services Group Partner, PricewaterhouseCoopers to Speak at Knowledge Congress’ Event on Understanding FAS 141(R) & FAS 160 on 4/30/08
The Knowledge Congress, the leading producer of regulatory focused teleconferences has announced today that John Formica, Partner, National Professional Services Group with PricewaterhouseCoopers will speak at the Knowledge Congress’ upcoming teleconference entitled: “Understanding FAS 141(R) and FAS 160.” This 2-hour event is scheduled for April 30, 2008, Wednesday, from 1:00 PM - 3:00 PM EDT.
New York, NY, March 15, 2008 --(PR.com)-- The Knowledge Congress, the leading producer of regulatory focused teleconferences has announced today that John Formica, Partner, National Professional Services Group with PricewaterhouseCoopers will speak at the Knowledge Congress’ upcoming teleconference entitled: “Understanding FAS 141(R) and FAS 160”. This 2-hour event is scheduled for April 30, 2008, Wednesday, from 1:00 PM - 3:00 PM EDT. (For further details of the event and an updated list of panelists, please visit:
http://knowledgecongress.org/event_2008_FAS.html)
Starting December 15, 2008, FASB Statements No. 141 (Business Combinations), and No. 160 (Non-controlling Interests in Consolidated Financial Statement) will take into effect. These statements are designed to implement new methods that will affect financial reporting and accounting concepts of business combinations. As a result, transactions using financial statements under 141 (R) will be more significant, parallel, and complete. On the other hand, Statement 160 will regard as equity transactions those entered between an entity and non-controlling interests. Companies should have a comprehensive understanding of these statements as they launch new concepts that might affect significant transactions.
The Knowledge Congress is producing a two-hour teleconference that will discuss the complexities and significant concepts embodied in these statements, and will include best practices. The event will feature speakers who are regarded as experts in the field of accounting and finance, including regulators. The
About John R. Formica
John is a partner with the National Professional Services Group of PricewaterhouseCoopers, Florham Park, NJ. He has followed the FASB and IASB deliberations on business combinations and is a leader in the Firm's thought-leaderships efforts in this area. Previously, John spent more than 25 years serving public and large private manufacturing companies as an audit partner. John is a graduate of Providence College, with a BS in Accounting
Previously, John was in the Consumer and Industrial Products & Services industry group. He has spent more than 25 years serving public and large private manufacturing companies, including many with international operations. Additionally, he has served as a regional technical consultant and SEC review partner.
John also serves as the Northeast Regional ERISA Benefit Specialist Technical Review Partner. He is a Certified Public Accountant and is licensed to practice in Connecticut, Florida, Indiana, Iowa, Massachusetts, New Jersey, New York, North Carolina and Rhode Island.
About PricewaterhouseCoopers
PricewaterhouseCoopers provides industry-focused assurance, tax and advisory services to build public trust and enhance value for its clients and their stakeholders. More than 146,000 people in 150 countries across their network share their thinking, experience and solutions to develop fresh perspectives and practical advice.
For more information about John Formica and PricewaterhouseCoopers LLP, please visit: http://www.pwc.com.
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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http://knowledgecongress.org/event_2008_FAS.html)
Starting December 15, 2008, FASB Statements No. 141 (Business Combinations), and No. 160 (Non-controlling Interests in Consolidated Financial Statement) will take into effect. These statements are designed to implement new methods that will affect financial reporting and accounting concepts of business combinations. As a result, transactions using financial statements under 141 (R) will be more significant, parallel, and complete. On the other hand, Statement 160 will regard as equity transactions those entered between an entity and non-controlling interests. Companies should have a comprehensive understanding of these statements as they launch new concepts that might affect significant transactions.
The Knowledge Congress is producing a two-hour teleconference that will discuss the complexities and significant concepts embodied in these statements, and will include best practices. The event will feature speakers who are regarded as experts in the field of accounting and finance, including regulators. The
About John R. Formica
John is a partner with the National Professional Services Group of PricewaterhouseCoopers, Florham Park, NJ. He has followed the FASB and IASB deliberations on business combinations and is a leader in the Firm's thought-leaderships efforts in this area. Previously, John spent more than 25 years serving public and large private manufacturing companies as an audit partner. John is a graduate of Providence College, with a BS in Accounting
Previously, John was in the Consumer and Industrial Products & Services industry group. He has spent more than 25 years serving public and large private manufacturing companies, including many with international operations. Additionally, he has served as a regional technical consultant and SEC review partner.
John also serves as the Northeast Regional ERISA Benefit Specialist Technical Review Partner. He is a Certified Public Accountant and is licensed to practice in Connecticut, Florida, Indiana, Iowa, Massachusetts, New Jersey, New York, North Carolina and Rhode Island.
About PricewaterhouseCoopers
PricewaterhouseCoopers provides industry-focused assurance, tax and advisory services to build public trust and enhance value for its clients and their stakeholders. More than 146,000 people in 150 countries across their network share their thinking, experience and solutions to develop fresh perspectives and practical advice.
For more information about John Formica and PricewaterhouseCoopers LLP, please visit: http://www.pwc.com.
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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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
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