MEDIA ADVISORY 11/17/11
Registration Is Now Open for November 28 Webcast, IN FOCUS: Understanding the FASB’s Proposals for Investment Companies, Investment Property Entities, and ConsolidationsNorwalk, CT, November 17, 2011—Registration is now open for the upcoming Financial Accounting Standards Board (FASB) webcast, IN FOCUS: Understanding the FASB’s Proposals for Investment Companies, Investment Property Entities, and Consolidations. This live webcast, offered free of charge, will take place on Monday, November 28, 2011, from 1:00 to 2:30 p.m. EST. Participants in the live broadcast will be eligible for up to 1.5 hours of CPE credit. (Please note that CPE credit is not available for group viewing of the live broadcast.)
The webcast will feature FASB members Marc Siegel and Larry Smith, and FASB Project Manager Upaasna Laungani, discussing the accounting requirements in the following recently issued proposals:
- Proposed Accounting Standards Update—Financial Services—Investment Companies (Topic 946): Amendments to the Scope, Measurement, and Disclosure Requirements
- Proposed Accounting Standards Update—Real Estate—Investment Property Entities (Topic 973)
- Proposed Accounting Standards Update—Consolidation (Topic 810): Principal versus Agent Analysis.
An archive of the webcast will be available on the FASB website through Friday, February 24, 2012. (CPE credit will not be available to those who view only the archived webcast.)
About the Financial Accounting Standards Board
Since 1973, the Financial Accounting Standards Board has been the designated organization in the private sector for establishing standards of financial accounting and reporting. Those standards govern the preparation of financial reports and are officially recognized as authoritative by the Securities and Exchange Commission and the American Institute of Certified Public Accountants. Such standards are essential to the efficient functioning of the economy because investors, creditors, auditors, and others rely on credible, transparent, and comparable financial information. For more information about the FASB, visit our website at www.fasb.org.