The Knowledge Congress Has Scheduled a Live Webcast on FAS 109 & IAS 12 Explored

New York, NY, July 08, 2008 --(PR.com)-- The Knowledge Congress, the leading producer of regulatory focused webcasts, announced today that it has scheduled a live webcast on FAS 109 & IAS 12 Explored. This two-hour event is scheduled on May 15, 2009, at 12:00 PM - 2:00 PM EDT.

The IASB has issued an Exposure Document that would replace IAS 12 that would eliminate a number of the differences between U.S. GAAP and IFRS in the accounting for income taxes. This would reconcile the distinctions between FAS 109 and IAS 12 resulting in improved accounting methods for income taxes of companies.

The Knowledge Congress is producing a two-hour webcast aiming to discuss the important aspects, as well as the impact of this joint undertaking to affected industries. Industry experts and standard setters are scheduled to speak at this event.

Speakers/Faculty Panel

Diane C. Inzano, Diane C. Inzano, Financial Accounting Standards Board

Anne McGeachin, Senior Project Manager, International Accounting Standards Board (IASB)

Charles C. (Chester) Abell, JR., Director of Tax Accrual Services, Tax Accounting and Risk Advisory Services, Ernst & Young LLP

For updated list of the faculty panel, please visit:
http://www.knowledgecongress.org/event_2008_FAS109.html

About The Knowledge Congress

The Knowledge Congress is an organization that produces webcasts that examine regulatory changes across a variety of industries. “We bring together the world's leading authorities and industry participants through informative two-hour webcasts that study the impact of changing regulations and help businesses succeed through proper regulatory compliance.”

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