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Sergey Volkov, CPA, CFA, Director, Structured Finance Group, PricewaterhouseCoopers to Speak at KC’s Event on Statement 157 Fair Value Accounting on 1/20/2009

New York, NY, August 26, 2008 --( The Knowledge Congress, the leading producer of regulatory focused webinars announced today that Sergey Volkov, CPA, CFA, Director, Structured Finance Group of PricewaterhouseCoopers will speak at the Knowledge Congress’ upcoming webinar entitled: “Statement 157 Fair Value Accounting and Its Critical Impact on Your Business”. This 2-hour event is scheduled on January 20, 2009, Tuesday, at 1:00 PM - 3:00 PM EST. (For further details of the event and an updated list of panelists, please visit:

Introduced in September 2006, FAS No. 157 helped to more clearly define measuring fair value in GAAP and has also expanded fair value measurement disclosures. Since then, adoption in implementation of Statement No. 157 continues to be a significant accounting issue for most publicly traded companies and their respective lenders and legal counsel.

The Knowledge Congress is assembling a panel of distinguished professionals and key regulators to help understand Statement No. 157 and its impact on your firm and the broader market. The panel will present their findings, which include “Best Practices” in a two-hour webinar.

About Sergey Volkov

Sergey Volkov is a director in the PricewaterhouseCoopers’ Structured Finance: Capital Markets Accounting Advisory Services practice. This practice advises companies on current accounting issues, developments, and the application of accounting standards. Sergey provides accounting advice on structured transactions, derivatives, transfers of financial assets, securitizations, financings and other issues. He also supports banking and other financial services clients with technical accounting support with implementing new accounting standards. Sergey has a strong background in financial services products and structures. His clients include investment and retail banks, private equity firms and insurance companies.

Since November 2006, Sergey has focused on supporting numerous audit and non-audit clients with Fair Value accounting (FAS 157 and FAS 159) implementation projects. The projects included investment banks early adopting the standards, retail and mortgage banking institutions, insurance companies and asset management companies. Sergey has also worked closely with a number of pricing services, supporting the client Fair Value accounting documentation efforts.

Sergey is a Chartered Financial Analyst (CFA) charter holder. He maintains active CPA licenses in Washington DC and Virginia. Sergey is an active member of AICPA, CFA Institute, and Washington DC Society of Investment Analysts. Sergey also sits on CFA Institute Centre Corporate Policy Disclosure Council.

About PricewaterhouseCoopers

PricewaterhouseCoopers provides industry-focused assurance, tax and advisory services to build public trust and enhance value for its clients and their stakeholders. More than 146,000 people in 150 countries across their network share their thinking, experience and solutions to develop fresh perspectives and practical advice.

For more information about Sergey Volkov, and PricewaterhouseCoopers, please visit:

About The Knowledge Congress

The Knowledge Congress is an organization that produces webinars that examine regulatory changes across a variety of industries. “We bring together the world's leading authorities and industry participants through informative two-hour webinar to study the impact of changing regulations.” To contact or to register for an event, please visit:

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The Knowledge Congress
Thomas LaPointe, Jr., Executive Director
Therese Lumbao, Director
Account Management & Member Services

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