The Knowledge Congress Has Scheduled a Live Teleconference on XBRL Mandate Looming; Hear From Experts

New York, NY, June 08, 2008 --(PR.com)-- The Knowledge Congress, the leading producer of regulatory focused teleconferences, has announced today that it has scheduled a live teleconference and webinar on XBRL Mandate Looming; Hear From Experts. This two-hour event is scheduled on Thursday, September 4, 2008 at 1:00 PM to 3:00 PM (EDT – New York).

SEC is determined to amend the existing EDGAR system and replace it with XBRL. Otherwise known as data tags, this format intends to promote a more systematic, effective and efficient reporting and analysis of business information. It enables the SEC to look into spreadsheets directly in Excel format, making it easier to compare data between companies. A number of key regulators around the world are already using the said format, while others are still contemplating on adopting it. The Knowledge Congress will produce a two hour teleconference and webinar to discuss the key features, the advantages and disadvantages, and the impact of XBRL in various financial reporting processes. Experts from the government and the private sector are scheduled to speak in this event.

Speakers/Faculty Panel

David Blaszkowsky, Director, Office of Interactive Disclosure of SEC

Kurt Ramin, Chairman (Emeritus) of XBRL International, International Accounting Standards Board

Mike Willis, CPA, Partner of PricewaterhouseCoopers, Founding Chairman XBRL

For updated list of the faculty panel, please visit: http://www.knowledgecongress.org/event_2008_xbrl.html

About The Knowledge Congress

The Knowledge Congress is an organization that produces teleconferences and webinars 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 and help businesses succeed through proper regulatory compliance.”

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