RiskMetrics Group to Hold Webcast on July 30: Proposed Accounting Changes on the Horizon--What Investors Can Expect
Submitted by: Sarah Cohn, Communications
RiskMetrics Group is scheduled to hold a webcast on July 30 at 10 a.m. called, Proposed Accounting Changes on the Horizon--What Investors can Expect. As the fallout of the credit crisis continues to spill into the marketplace, pressure on companies to better disclose their risk of losses is mounting from investors and regulatory committees alike. Despite strong opposition from some financial institutions and other publicly-traded companies, the Financial Accounting Standards Board (FASB) has proposed changes in accounting rules that will have varying outcomes on companies' reporting standards. Marc Siegel, RiskMetrics Group's Head of Accounting Research and Analysis, will outline what investors can expect from such changes. Mr. Siegel will also discuss the implications as it relates to the future of off-balance sheet treatment for securitization structures and asset transfers; a controversial new Exposure Draft issued by the FASB that could change the playing field regarding the disclosures companies are required to make for all manner of loss contingencies; and what modifications may come of fair value accounting.
To sign-up for this webcast, please visit here.
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