NEW YORK, Dec. 11, 2013 /PRNewswire/ -- KPMG LLP, the audit, tax and advisory firm, will host a CFO Financial Forum webcast focused on accounting and regulatory issues related to private companies on Wednesday, December 18, from 12 p.m. to 1:00 p.m. (ET).
Board and audit committee members, CFOs, and other business professionals interested in attending the program can register here.
"Private companies may have questions related to the key provisions of the FASB and PCC's proposed Accounting Standards Updates related to goodwill, intangible assets, interest rate swaps, and variable interest entities," said Mark Bielstein, KPMG partner in the firm's Department of Professional Practice who will moderate the webcast. "Our webcast will aim to give them a better understanding of the latest developments so they can plan their way forward."
The webcast – titled "Private Company Developments" – will focus on recently endorsed accounting standards updates from the FASB and the Private Company Council (PCC) related to accounting for goodwill and interest rate swaps; status of the PCC's proposed accounting standards update related to variable interest entities (VIEs) and intangible assets; and FASB's proposed definition of a public entity, as well as the private company decision-making framework.
CFO Financial Forum is part of the KPMG Financial Reporting Network (FRN), which provides a single source for the latest, executive-level financial reporting information, as well as news and activity from standard setters and industry sources – all organized by topic. It was designed to help executives keep companies in front of critical issues in today's evolving financial reporting environment.
About KPMG LLP
KPMG LLP, the audit, tax and advisory firm (www.kpmg.com/us), is the U.S. member firm of KPMG International Cooperative ("KPMG International"). KPMG International's member firms have 152,000 professionals, including more than 8,600 partners, in 156 countries.
SOURCE KPMG LLP