Fair Value for Financial Services, Training Conference

Non-attendees may order notebooks and attendees may order additional copies. Save shipping & handling when you pre-pay! (Good in U.S., U.S. possessions, and Canada.) CT, NJ, & NY residents add appropriate sales tax. Canadian residents add appropriate GST. Be sure to include the conference title when ordering.

Click Here to Order Notebooks

October 19, 2007

New York, NY

The challenges are in applying the Fair Value Guidance from FAS 157 and the opportunity is in applying that guidance to Financial Assets/ Liabilities in FAS 159.

Why you should attend:

In FAS 157, accountants now have for the first time a definitive roadmap for determining the fair value of assets and liabilities. FAS 157 provides accountants and auditors with that framework for applying fair value measurements— Levels 1, 2, and 3 and the acceptable measurement devices—market, income, cost methodologies for valuing assets and liabilities.

FAS 159 is the first accounting standard specifically written using the valuation guidance of FAS 157. It represents an opportunity to proactively analyze your investment and liability portfolios and make a company-wide determination as to the advantages/disadvantages of selecting the Fair Value Option for Financial Assets/Liabilities. (The election represents phase 1 of a 2 phase project. Phase 2 will provide accounting guidance on applying fair value measurements to Operating Assets/Liabilities.)

This day-long seminar will prepare you to understand and apply the accounting implications of implementing Fair Value Accounting.