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FAS 141(R) and IFRS 3: Important Changes in Accounting for Business Combinations
Michael A. Martorelli, CFA
Director, Fairmount Partners

Wednesday, May 14, 2008
11:30am to 12:30pm EST

Registration US$249

Register for this Audio Conference

Companies involved in either side of an acquisition need to pay close attention to the rules governing the accounting for such a transaction. Several months ago, the US-based Financial Accounting Standards Board (FASB) and UK-based International Accounting Standards Board (IASB) each issued new proclamations making meaningful changes to those rules. This audio conference will review highlights of those changes. It will give any management team considering a purchase or a sale an updated awareness of particular aspects of a potential transaction that might need to be re-thought because of those changes. The changes take effect for transactions that close after July 1, 2008 (IASB) or December 31, 2008 (FASB). Thus, managers need to consider the changes now for any transaction that is not already well underway and scheduled to close before those dates.

This audio conference will address:

  • The emerging confluence of FASB and IASB standards.
  • Background and highlights of the existing rules governing the accounting for business combinations.
  • Highlights of the new rules from the FASSB and IASB.
  • Specific problematic issues that might need to be re-considered in light of the forthcoming rules changes.

Speaker biography:

In addition to participating in Fairmount's healthcare industry investment banking activities, Mr. Martorelli contributes to the firm's marketing and business development efforts with periodic industry reports and conference presentations. For most of the past decade, he has focused those writing and speaking efforts on pharmaceutical services companies, including those providing tools and technologies used in pre-clinical and clinical research functions.

Prior to PMG Capital, Mr. Martorelli spent more than ten years at Janney Montgomery Scott as a research analyst covering companies in various segments of the health care industry. He received both a BS in Business Administration and a Masters in Business Administration (MBA) from Drexel University. For the past several years, Michael Martorelli has taught graduate investment courses as a member of Drexel's adjunct faculty. He is a Chartered Financial Analyst (CFA) and a member of both the CFA Institute and the CFA Society of Philadelphia.

Who should attend?

  • CEOs
  • CFOs
  • Chairmen of Private Companies
  • Finance Managers
  • Marketing/ Corporate Communication Managers
  • Corporate Directors

    This audio conference is rated Specific Interest.

Purchase Options:

   

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