FAS140

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The elimination of the concept of qualified special-purpose entities (QSPEs) from Standard No. 140 as well as the scope exception from FIN 46 (R) or Variable Interest Entities is likely at hand. This will consolidate an entity’s interest in a securitization trust to its financial statements. Banks, finance companies and other entities should have a thorough understanding of these revisions.

The Knowledge Congress is assembling a panel of distinguished professionals and key regulators to help the public understand the impact of these changes to affected companies. The speakers will present their expert opinions in a two-hour LIVE webcast.

Course Level: Intermediate
Prerequisite: None
Method Of Presentation: Group-Based-Internet
Developer: The Knowledge Conference
Recommended CLE/CPE Hours: 1.75 - 2.0
(Please note, your State Bar or Accounting Board will make the final determination with respect to continuing education credit. If you are applying for CLE credit in Texas you must register 20 days before the event date.)
Advance Preparation: Print and review course materials
Course Code: 083786
Recording Fee: $299 (Please click here for details)
NASBA Sponsor Number: 109004

 

Featured Speakers for FAS 140 QSPEs & FIN 46(R) VIEs (Q&Vs) live webcast:


  Event Talking Points (click here to view more)
- FAS 140 Exposure Draft—Proposed Changes
   - Removal of QSPE from the accounting literature
   - Changes to sale accounting (paragraph 9) analysis
   - Definition of participating interest
- FIN 46R Exposure Draft—Proposed Changes
   - Determining the primary beneficiary
   - Reconsidering VIE and PB Analysis
- Proposed FSP on FAS 140 and FIN 46R—Additional Disclosure Requirements
   - Scope
   - Purpose
- Effective Date and Transition Considerations
   -Proposed timing of the Proposed Statements and Staff Position
- Similarities and Differences between IFRS and US GAAP
   - Securitization (IAS 39)
   - Consolidation (IAS 27 and SIC 12)
- Implementation Issues


Ernst & Young
David Thrope
Partner, Co-Chair of the Commercial Mortgage Securities Association's FASB Monitoring Committee
                      speaker bio »»

KPMG
David Augustyn
Partner, Transaction Services – Accounting Advisory Group
speaker bio »»

Deloitte & Touche LLP
ALICIA ROMO
Senior Manager, Securitization Services
speaker bio »»

Who Should Attend?

- Securitization Managers
- Accounting Managers
- Heads of Financial and Tax Reporting
- Auditors
- Attorneys
- Partners
- Associates

- From:
- Issuers
- Investors
- Servicers
- Trustees
- Underwriters of ABS, MBS and CDOs,
- Law Firms
- Accounting Firms

Why Attend?

This is a must attend event for anyone interested in hearing the latest updates on FAS 140 QSPEs & FIN 46(R) VIEs (Q&Vs).
- 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 140 QSPEs & FIN 46(R) VIEs (Q&Vs)
Speaker Firms:





 

 

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We are an approved multi-event sponsor in the state of California. Our provider ID is: 14451. In Texas, Illinois, and Virginia, we submit programs for individual approval in advance. In New York, our programs are submitted immediately after the event live date and attendees are sent the approval codes once we receive them from the New York State Bar. In all other states, once attendance is verified, participants are emailed an official certificate of attendance which they submit to their respective State Bar Associations. Our programs are created with continuing education in mind and are therefore designed to meet the requirements of all State Bar Associations. If you have any questions, please email our CLE coordinator at: info@knowledgecongress.org

 
Enrolled Agents Sponsor ID Number: 760

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