The Knowledge Group
The Knowledge Group

Bob Laux, Senior Director, Technical Accounting and Reporting, Microsoft Corporation to Speak at KC’s Event on the Impact of IFRS on 9/25/2008

New York, NY, July 20, 2008 --(PR.com)-- The Knowledge Congress, the leading producer of regulatory focused teleconferences and webinars has announced today that Robert J. Laux, Senior Director, Technical Accounting and Reporting of Microsoft Corporation will speak at the Knowledge Congress’ upcoming teleconference and webinar entitled: “The impact of IFRS: Getting Ready for the Major Change to Tax Operations”. The event is scheduled on September 25, 2008, Thursday, at 1:00 PM - 3:00 PM EDT. (For further details and an updated list of panelists, please visit: http://www.knowledgecongress.org/event_2008_IFRS.html)

Since IFRS have become widely accepted around the world, U.S. companies have been cognizant on the effects of a possible pending adoption. Among these are issues concerning the transition from GAAP to IFRS, tax reporting, tax accounting, and other matters pertaining to an organization’s financial reporting system. The question that arises now is, are U.S. companies ready to adopt these standards? And more importantly how would this scenario play out.

The Knowledge Congress is assembling a panel of distinguished experts and key regulators to help make this clear to all auditing firms and other related companies affected by this newly adopted standard. The panel will present their findings, which include “Best Practices” in a two-hour teleconference and webinar.

About Bob Laux

Bob Laux is the Senior Director of Technical Accounting and Reporting at Microsoft Corporation. Mr. Laux is responsible for Microsoft’s technical accounting, including interacting with and responding to accounting standard setters on numerous issues. Technical accounting responsibilities include responding to GAAP questions and issues within Microsoft. He is also responsible for Microsoft’s comment letters on new accounting pronouncements and representing Microsoft at standard setters’ public roundtables.

Prior to joining Microsoft in 2000, Bob was an Industry Fellow at the Financial Accounting Standards Board (FASB) where he was responsible for coordinating the activities of the Emerging Issues Task Force. Prior to joining the FASB, Bob spent eight years at General Motors managing their external financial reporting and interacting with and responding to accounting standard setters.

About Microsoft Corporation

Founded in 1975, Microsoft (Nasdaq “MSFT”) is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.

For more information about Bob Laux and Microsoft, please visit: www.microsoft.com

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 and webinars to study the impact of changing regulations.” To contact or to register for an event, please visit: www.knowledgecongress.org.

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