The economic crisis has made impairment a key financial reporting issue at year-end 2009. Securities, loans, goodwill and deferred tax assets have suffered impairments resulting in significant impacts on regulatory capital and reported income.
Our panelists will describe the current regulatory environment and asset impairment considerations, and discuss the reporting and regulatory impact of writedowns. They will also discuss year-end accounting and disclosure issues affecting financial institutions, offering insights about the SEC’s perspectives on these matters.
Please join panelists Brian W. Smith and Joel H. Trotter, partners of Latham & Watkins, and Donald A. Walker, Jr., Senior Managing Director, and Thomas G. Rees, Managing Director, of FTI’s Forensic and Litigation Consulting Practice as they address these issues and answer your questions.
In addition, we are pleased to note the following with respect to Continuing Legal Education credits for this webcast:
Latham & Watkins certifies that this activity has been approved for MCLE credit by (i) the MCLE Board of the Supreme Court of Illinois in the amount of 1.25 hour of general credit, (ii) the State Bar of California in the amount of 1.50 hours of general participatory credit and (iii) the State Bar of New York in the amount of 1.50 hours of practice management credit and is approved for non-transitional credit only, (iv) an application for Virginia MCLE credit will be submitted to Virginia State Bar following the program.
To attend this webcast scheduled for Thursday, January 14, at 2 pm Eastern, please sign up below.