New York, NY, February 27, 2007 --(PR.com
)-- The Knowledge Congress, the leading producer of regulatory focused teleconferences, has announced today that James Wolfrom, National Leader of Tax Operations-Advisory Services at Ernst & Young will speak at the Knowledge Congress’ upcoming teleconference on “FIN 48: Practical Recommendations". The teleconference is scheduled on March 8, 2007 at 1:00 PM ET.
The time for the adoption of FASB Interpretation No. 48 by public companies is set to begin the first fiscal year beginning after December 15, 2006. Companies are concerned about a number of potential challenges tied to the FIN 48 largely because it focuses more on technical tax law, rather than the usual reliance on general experience and settlement expectations. The Global Knowledge Congress has assembled a panel of prominent experts to help make these policies clear to the organizations most impacted. The panel will present their recommendations in this two-hour teleconference.
About James Wolfrom
James Wolfrom is a National Practice Leader of Tax Operations—Advisory Services. His group provides an array of consulting solutions to improve the operating performance of corporate tax departments including: outsourcing, organizational design, process improvement and re-engineering, benchmarking, risk management, performance measurement and technology solutions.
James has 24 years of experience assisting corporations with complex federal and state tax planning and operational issues. He has extensive experience leading organizational change and managing people, process and technology within corporate tax and finance organizations. He has a consistent record of creating value through improving financial results, operational efficiency and effectiveness. James is one of the Firm’s Sarbanes-Oxley Section 404 and FIN 48 National leaders, helping their clients’ document, assess, improve and remediate internal controls and processes, and with the implementation of FIN 48.
Before joining Ernst & Young, James was a Senior Vice President in the Corporate Tax department of Bank of America. Prior to joining Bank of America, he was a Senior Tax Manager with Price Waterhouse serving large multinationals.
James has also served and assisted a number of Ernst & Young’s clients with Tax transformation and technology enablement solutions. Most recently, James has assisted their clients with the implementation of Sarbanes-Oxley Section 404 relating to internal controls for financial reporting for Taxes. He is among the Firm’s thought leaders and has been significantly involved with the Firm’s development and rollout of the Firm’s Sarbanes-Oxley Section 404 solution for Tax.
· B.S., University of San Francisco
· SEP, Stanford University
· Certified Public Accountant
Professional Associations and Memberships
· The American Society of CPAs
· The California Society of CPAs
Speeches and Presentations
James is a frequent speaker for Executive Enterprises, Bank Administration Institute, Bank Tax Institute, Tax Executive Institute and World Research Group and Association for Computers and Taxation programs.
For more information about James Wolfrom and his firm, please visit: www.ey.com
About Ernst & Young
Ernst & Young, a global leader in professional services, is committed to restoring the public's trust in professional services firms and in the quality of financial reporting. Its 114,000 people in 140 countries pursue the highest levels of integrity, quality, and professionalism in providing a range of sophisticated services centered on their core competencies of auditing, accounting, tax, and transactions. Further information about Ernst & Young and its approach to a variety of business issues can be found at www.ey.com/perspectives. Ernst & Young refers to the global organization of member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited does not provide services to clients.
About The Knowledge Congress
The Knowledge Congress is an organization that produces teleconferences to examine regulatory changes and business trends across a variety of industries. “We bring together the world's leading authorities and industry participants through informative two-hour teleconferences to study the impact of changing regulations and industry trends.”
To contact or to register to an event, please visit: http://www.knowledgecongress.org
Thomas LaPointe, Jr., Executive Director
Therese Lumbao, Member Services Director
The Knowledge Congress