Fas141R

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The adoption of Statements 141(R) and 160 will continue to usher in a broad variety of important changes in the way companies account for Fair valuation, business combinations and non-controlling (minority) interests. 141/160 will even hold true for mergers and acquisitions. Is your business ready to adopt these statements? Will the advantages outweigh the disadvantages, if any? Affected companies should pay close attention to these changes.

Building upon our recent & highly successful FAS 141 and FAS 160 webinar, The Knowledge Congress is assembling a panel of distinguished professionals and key regulators to inform you of the latest on these statements. The speakers will present their expert opinions in a two-hour LIVE webinar.

Course Level: Intermediate
Prerequisite: None
Method Of Presentation: Group-Based-Internet
Developer: The Knowledge Conference
Recommended CLE/CPE Hours: 2.0
(Please note, your State Bar or Accounting Board will make the final determination with respect to continuing education credit.)
Advance Preparation: Print and review course materials
Course Code: 083779
Recording Fee: $299 (Please click here for details)

 

Featured Speakers for FAS 141 (R) and FAS 160 Update live webinar:                                                  


  Event Talking Points (click here to view more)
SEGMENT 1:


John Formica, National Professional Services Group Partner,
PricewaterhouseCoopers

Acquired Contingencies in a business combination
- contractual versus noncontractual
- determination as to when a contingency is resolved
- how to account for an acquired contingency that was recognized by the acquirer as a result of
  settlement intentions
- accounting for legal fees
- valuation challenges associated with contingencies.
- similarity of issues posed by respondents to the FASB's proposal on loss contingency disclosures

SEGMENT 2:


Stamos Nicholas, National Business Valuation Service Line Leader,
Deloitte Financial Advisory Services LLP

- Summary of Significant Changes
- High Level Impacts on the Deal Process
- Key Changes
   - Purchase Price (SFAS 141(R))
   - Ownership Changes (SFAS 160)
- Additional Observations

SEGMENT 3:


William J. Wilhelm, Partner, Financial Services Division,
Crowe Horwath LLP

- Highest and best use premise of value under FAS 157 versus unused or phased out assets
- Defensive assets- accounting and valuation issues and challenges
- Accounting for adjustments to provisional entries during the one year true-up period
- Changes in the definition of a business
- Ancillary transactions- determining which are part of exchange and which are not
- Allowance for loan loss accounting in financial service industries
- Other miscellaneous changes from 141 to 141 (r)


PricewaterhouseCoopers
John Formica
National Professional Services Group Partner
speaker bio »»

Deloitte Financial Advisory Services LLP
Stamos Nicholas
National Business Valuation Service Line Leader
speaker bio »»

Crowe Horwath LLP
William J. Wilhelm
Partner, Financial Services Division
speaker bio »»

Who Should Attend?

- CFO's
- Controllers
- Directors of Corporate Development
- M&A Specialists and others involved in the development of their company's M&A strategy
- CPAs
- Senior Financial Professionals
- Business Valuation Specialists

Why Attend?

This is a must attend event for anyone interested in understanding FAS 141(R) & 160.
- New guidance explained by the most qualified key leaders & experts
- Hear directly from key regulators & thought leaders
- Interact directly with panel during Q&A

Registration Information:                                                                                                                                    



FAS 141 (R) and FAS 160 Update
Speaker Firm: