Jay D. Hanson, Partner, National Director of Accounting, McGladrey & Pullen, LLP to Speak at KC’s New Standard on Variable Interest Entities on 4/29/2010

▤ Summary

Beyond being applicable to Qualifying SPEs for the first time, Statement 167 (which has now been included in the FASB Codification in Topic 810-10) requires reporting enterprises to re-evaluate many of its previous FIN 46(R) conclusions.“We bring together the worlds leading authorities and industry participants through informative two-hour webcast that study the impact of changing regulations and help businesses succeed through proper regulatory compliance.” To contact or to register to an event, please visit: www.knowledgecongress.org.Beyond being applicable to Qualifying SPEs for the first time, Statement 167 (which has now been included in the FASB Codification in Topic 810-10) requires reporting enterprises to re-evaluate many of its previous FIN 46(R) conclusions.In general, the implementation is proving to be very time consuming as implementation issues arise and preparers start thinking about how Statement 167 impact financial reporting and the reporting enterprises core business.This webcast will cover the following when applying the new standard:- Implications of the significant changes to the consolidation model for variable interest entities- The impact of the limited deferral for certain investment funds- Examples illustrating how the amendments apply to common structures- Implementation considerations in adopting the new standardCFOs and other accounting professionals will gain a deeper understanding of how the changes to consolidation requirements for variable interest entities will impact your company; how to apply the new standard to existing structures and future transactions; and how the standard will affect your companys financial reporting and core business.About Jay D. HansonJay Hanson is the National Director of Accounting for McGladrey & Pullen, LLP.He also is an Advisory Board Member for The SEC Institute, Inc. Jay is a frequent presenter at national industry, state society, and AICPA conferences.Jay graduated from Concordia College in Moorhead, Minnesota, with a Bachelor of Arts degree in business administration, accounting and mathematics.

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