EBPAQC Alert No. 85 

    Published January 08, 2007


    FASB Statement No. 158 Implications to Defined Benefit Plans Live Forum
    Instructions for Participants
    January 11, 2007
    1:00 p.m. - 2:30 p.m. Eastern Time

    Dear Center Members

    Enter the Forum

    This alert contains instructions for participating in the upcoming EBPAQC FASB Statement No. 158 Implications to Defined Benefit Plans Live Forum, to be held on Thursday, January 11, 2007, 1:00 p.m. – 2:30 p.m. Eastern Time.

    Please note that this email is only sent to Designated Partners, administrative contacts and registered participants, so please forward to all "attendees" at your firm.

    EBPAQC Executive Committee members Marilee Lau, Partner, KPMG LLP, Val Bitton, Partner, Deloitte & Touche LLP, and Sherry Davis, Partner, PricewaterhouseCoopers LLP will discuss the recently issued FASB Statement No. 158, Employers' Accounting for Defined Benefit Pension and Other Postretirement Plans—an amendment of FASB Statements No. 87, 88, 106, and 132(R). The live forum will include:

    • An overview of FAS 158 and how it affects defined benefit plans
    • A discussion of audit considerations and strategy, and specific investments that may be particularly affected
    • A roundtable discussion of the potential effects on plan audits
    • A question and answer session regarding FAS 158 and its effect on plans and plan audits

    Attached to this Alert are PowerPoint slides that will be used in the presentation. Please download or print the slides prior to the call so you can follow along with the speaker.

    You will be able to ask questions via email during the call. Those questions will be addressed by the speakers in a question and answer session at the end of the presentation. Please email your questions at any time prior to or during the call to ebpaqc@aicpa.org. We encourage you to submit questions in advance.

    To log on to the call on January 11, 2007:

    1. At or a few minutes before 1:00 p.m. Eastern Time, please call the toll-free number 1-866-802-4328.
    2. The operator will ask you for the Conference ID number or the name of the call:  1008827 or AICPA EBPAQC FAS 158 Plan Issues.
    3. The operator will then connect you to the conference. You will hear music until the conference call starts.

    During the Call:

    1. If you experience technical difficulties at anytime during the call, press *0, and the operator will assist you.
    2. If you have any other difficulties during the call, please call 202-434-9207.

    After the Call:

    We will archive on our website an audio file of the call, which will be available for you and others in your firm to listen to after January 19, 2007.

    No CPE is offered for participating in this EBPAQC Live Forum. The EBPAQC Executive Committee offers members these free informational and informal live forums in the conference call format with no registration required. They are not designed or intended to meet formal CPE requirements. The Executive Committee supports CPE opportunities for members through formal webcasts and the national EBP conferences.

    Thank you for "attending" this important event. We hope you find the call informative and helpful in preparing for your 2007 EBP audit season.

    Sincerely,

    AICPA Employee Benefit Plan Audit Quality Center

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    Stay Informed

    As a member of the Center, your firm will receive periodic updates on important developments related to employee benefit plan auditing as well as the activities of the Center. To stay abreast of these and other relevant events, please visit the Center Web site at www.aicpa.org/EBPAQC. Also, we welcome any suggestions or questions—please send them by e-mail at EBPAQC@aicpa.org.

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