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RiskMetrics to Host Webcast, Fair Value Measurements in Financial Reporting: Perspectives from a FASB Board Member, on April 23Submitted by: Sarah Cohn, Corporate Communications

The financial crisis has generated extensive debate among financial market participants about the use of fair value measurements in financial reporting. The Financial Accounting Standards Board (FASB) recently issued new fast-tracked guidance that relaxes some of the requirements for fair value measurements, while also increasing disclosure requirements.

RiskMetrics will host a webcast on Thursday, April 23 at 11:30 a.m. EDT, where FASB Board Member Marc Siegel will offer insight on the fair value debate, including:

* the role FASB is playing in responding to the financial and economic crisis;
* the use of fair value in current GAAP, and the related controversy;
* the process FASB follows in issuing guidance;
* other issues FASB is currently working on.

Jeremy Perler and Dan Mahoney, Heads of Accounting Research for RiskMetrics Group, will moderate the webcast and provide an overview of RiskMetrics' research on the topic of fair value. To sign-up for webcast, please visit here.

Full post as published by Institutional Shareholder Services -- Corporate Governance Blog on April 21, 2009 (boomark / email).