The Knowledge Congress Has Scheduled a Live Webinar on Important New Guidance on Derivative Disclosures and Fair Value Measurement

New York, NY, June 19, 2008 --(PR.com)-- The Knowledge Congress, the leading producer of regulatory focused webinars, announced today that it has scheduled a live webinar on Important New Guidance on Derivative Disclosures and Fair Value Measurement. This two-hour event is scheduled on Wednesday, January 21, 2009 at 1:00 PM to 3:00 PM (EST – New York).

FAS 133-b and FIN 45-c will cover financial statements issued for fiscal years ending after November 15, 2008. This will apply to credit derivatives within the scope of Statement 133. During the initial adoption stage, earlier disclosure will be merely an option until it becomes fully effective when early application will become a requirement. Your company could likely be one of those affected by these statements. Awareness of what these rules are all about and what it can do to your business is very critical. Be guided by experts and avoid sanctions in the end.

The Knowledge Congress is assembling a panel of experts who will discuss the effects these disclosures will create to affected entities as well as their recommendations on how your company can adapt to this new system.

Speakers/Faculty Panel

Bob Bhave, Project Manager, Financial Accounting Standards Board (FASB)

Steven P. Merriett, Senior Supervisory Financial Analyst, Board of Governors of the Federal Reserve System

Tracy S Benard, Partner, Transaction Services, KPMG LLP

Jonathan Prejean, Senior Manager, Deloitte Tax LLP

For updated list of the faculty panel, please visit: http://www.knowledgecongress.org/event_2008_FAS133b.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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